Overview of best prospect sectors, major infrastructure projects, significant government procurements and business opportunities.
Last Published: 7/2/2019

Azerbaijan’s hydrocarbon sector presents opportunities for U.S. companies, particularly service providers.  The Azerbaijani Government and BP extended the Production Sharing Agreement (PSA) for the Azeri-Chirag-Gunashli group of oil fields in the Caspian Sea, establishing the base for future exploration and investment in the largest source of oil in the country.  Azerbaijan is also seeking to diversify its economy by targeting the agriculture, ICT, transportation, and tourism sectors.  U.S. suppliers of agricultural equipment, fertilizers, seeds, pesticides, and animal genetics benefit from agricultural subsidies.  U.S. producers of fertilizers and pesticides, however, have limited market share, despite demand for high-quality products as the government seeks to increase yields.

The Port of Alat free trade zone offers companies tax and customs exemptions and a simplified permitting process to encourage value-added production in Azerbaijan.

See the Leading Sectors for U.S. Exports & Investments section for descriptions of opportunities in various sectors, including major infrastructure projects, significant government procurement activities, and business opportunities.
 

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.