Asia ยท Country profile
Azerbaijan
India-Azerbaijan trade corridor: $2.7B bilateral trade, $1.3B FDI into India.
$2.7B
Trade with India
+5.2% YoY
$752.0B
GDP
Nominal
$1.3B
FDI into India
Cumulative
+$0.2B
Trade balance
India surplus
Top exports to Azerbaijan
- Pharmaceuticals
- Textiles and apparel
- Auto components
Top imports from Azerbaijan
- Gold and precious metals
- Edible oils
- Electronic components
Trade corridor with India
2025: $2.7B ยท 5-yr CAGR 12.7%
Goods trade in USD billion, illustrative demo figures.
Latest Azerbaijan stories
Trade3h ago5 min read
India-Azerbaijan bilateral trade hits a new quarterly high
FDI6h ago6 min read
Azerbaijan investors commit fresh capital to Indian manufacturing
Policy9h ago7 min read
Revised tariff schedule for India-Azerbaijan goods notified
Technology12h ago3 min read
India and Azerbaijan deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 6% to 2% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 7 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Azerbaijan Business Forum
Nov 2026 ยท New Delhi
Delegation
Trade delegation to Azerbaijan
Jan 2027 ยท Azerbaijan
Buyer meet
Azerbaijan buyers-sellers meet
Feb 2027 ยท Mumbai
Policy
Joint working group on market access
Apr 2027 ยท Virtual
Opportunity sectors
๐ฐS18Drinking Water & Sanitation Engineering16% projected demand growthโกS23Energy & Sustainability12% projected demand growth๐S28Fisheries, Animal Husbandry21% projected demand growth๐ฅS33Health and Family Welfare25% projected demand growth๐ญS38Manufacturing27% projected demand growth๐ข๏ธS43Petrochemicals28% projected demand growth