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Seda Hergnyan

Armenia Imports $18M in Azerbaijani Fuel, Exports Zero

Armenia imported some $18 million worth of goods from Azerbaijan during the first half of 2026 but exported nothing in return.

Armenia’s Customs Service reports that $17.8 million worth of petroleum products (gasoline and diesel fuel) and $109,000 worth of plastic construction parts were imported.

The Azerbaijani fuel imported to Armenia became a major cause for discussion in December 2025, when imports began. The Pashinyan administration considered it an achievement for Armenia's economy and peace prospects, while opponents decried the imports as supporting Azerbaijan’s economy

(Two Armenian Companies Importing Azerbaijani Gasoline)

Reports initially mentioned only gasoline imports but later confirmed diesel fuel imports as well.

Recently, Azerbaijani media announced that sixteen rail wagons carrying 977 tons of diesel fuel had been sent to Armenia from Azerbaijan.

Six months after imports began, what role do Azerbaijani oil products play in Armenia’s market?

Turkey and Russia were Armenia’s largest petroleum suppliers in the first half of the year.

Armenia’s Customs Service database contains statistics on the enlarged commodity group “petroleum products,” the main part of which is gasoline, diesel and aviation fuel, and a smaller part is heavy fuel oil, crude oil, and lubricants.

In total, in the first half of 2026, petroleum products worth US$299 million were imported to Armenia. Azerbaijan’s share in this import is 6%.

Compared to the first half of 2025, the total volume of petroleum products imported to Armenia increased by about 30%.

In the first half of this year, Turkey became the largest supplier, with a 20% share, surpassing Russia. Imports of petroleum products from Turkey increased sharply: about $61 million worth of goods were imported, which is 3.5 times more than in the same period last year.

At the same time, imports from Russia fell sharply. In the first half of the year, Armenia imported about $58 million worth of petroleum products from Russia, whose share dropped from 46% to 19%.

There is a visible increase in imports from Iran and Bulgaria.

Armenia recorded no exports to Azerbaijan

In the first half of the year, Armenia recorded no exports to Azerbaijan, which does not appear in the export customs statistics.

After the 2025 year-end session,  Pashinyan said he hoped exports from Armenia to Azerbaijan would begin soon. He said that, without a “political obstacle,” businesses should act.

Alongside the April meeting of Armenian and Azerbaijani delegations in Aghveran, Armenian and Azerbaijani businesspeople also held talks.

In August, Armenia’s Ministry of Territorial Administration and Infrastructure announced that representatives of Armenia and Azerbaijan discussed the possibilities of importing and exporting electricity.

Armenia’s Foreign Ministry reported that the businesspeople discussed issues of trade and economic cooperation. Despite these and other statements by the Armenian authorities,  these negotiations did not yield any results for Armenian exporters in the first half of the year.

In April, Azerbaijani media reported that flowers worth $960 were exported from Armenia to Azerbaijan. Media in Armenia republished the news. Later, Armenia’s State Revenue Committee denied this.

 

 

 

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