Azerbaijan’s external surplus gives manat stronger support heading into 2027
Azerbaijan reports a positive trade balance of $10.519 billion for the period from January to September. During these months, the country exported goods valued at $23.865 billion and imported $13.346 billion. Total foreign trade turnover rose by 5.2% year on year to reach $37.211 billion. Exports saw a growth of 28.3%, while imports dropped by 20.4%. These economic results support the stability of the manat. Experts expect the currency to stay around 1.70 per US dollar until the end of the year. This prediction assumes current policy conditions remain in place.
Azerbaijan enters the final months of 2026 with an external trade position that supports confidence in the manat. In January–September, the country exported goods worth $23.865 billion and imported $13.346 billion, producing a positive trade balance of $10.519 billion. Total foreign trade turnover reached $37.211 billion, up 5.2% year on year. Exports grew 28.3%, while imports declined 20.4%. These figures form a persuasive economic case for expecting the manat to remain around its current rate of 1.70 per US dollar through year-end, provided current policy conditions continue.