Azerbaijan and the United States (US) have discussed expanding
energy-sector cooperation, focusing on current projects and future
opportunities, Azerbaijani Energy Minister Parviz Shahbazov’s
publication on X said, Azernews reports.
“We had a fruitful meeting with Assistant Secretary of Commerce
and Director General of the U.S. and Foreign Commercial Service,
David L. Fogel, in Washington. We discussed potential cooperation
with the US. Companies in implementing Azerbaijan’s wide and
diversified regional power supply plans and projects, including the
potential fields,” the post reads.
The volume of trade between Azerbaijan and the U.S. from January
through October of this year was $1.059 billion. This is $19.7
million, or 1.9%, more than during the same months of 2024.
Over the reporting period, trade turnover with the U.S.
accounted for 2.59% of Azerbaijan’s total trade turnover. Thus, the
U.S. ranked sixth among the countries with which Azerbaijan
conducted the largest number of trade operations during the
reporting period.
From January through October of this year, Azerbaijani exports
to the U.S. totaled $52.7 million. This is $65.8 million, or 2.2
times less than during the same period last year.
At the same time, for the reporting period, Azerbaijan imported
$1 billion worth of goods from the U.S., which is $85.5 million or
9.3% more than in the same period of 2024. Thus, during the
reporting period, the U.S. ranked fourth among the countries from
which Azerbaijan imports the largest amount of goods.