Core Viewpoint - Azerbaijan's non-oil and gas product exports reached $2.6 billion from January to September 2025, marking a 7.7% year-on-year increase [1] Export Performance - Food exports amounted to $840 million, reflecting a 20.5% year-on-year growth [1] - Sugar exports surged by 46.9% [1] - Fruit and vegetable exports increased by 31.3% [1] - Chemical product exports rose by 22% [1] - Cotton yarn exports grew by 12.5% [1] - Tea exports saw a 3.3% increase [1] - Aluminum and aluminum products exports grew by 2.6% [1] - Black metals and their products exports increased by 1% [1] Agricultural Sector - Agricultural product exports totaled $670 million, with a year-on-year growth of 27.8% [1] - Combined agricultural and agro-industrial product exports grew by 19.2%, reaching $900 million [1]

Core Insights - Thailand's exports under the EU Carbon Border Adjustment Mechanism (CBAM) are projected to grow significantly in the first half of 2025, with a year-on-year increase of 29.1%, contrasting sharply with a decline of 5.68% in the same period of 2024 [1] Group 1: Export Performance - The strong export performance is attributed to the recovery of export values and indicates Thailand's potential to further expand its exports of CBAM goods to the EU [1] - The CBAM measures cover six categories of goods: steel and steel products, aluminum and aluminum products, cement, fertilizers, electricity, and hydrogen [1] Group 2: Opportunities and Challenges - The transition to CBAM presents both challenges and opportunities for Thailand, particularly in enhancing product quality and achieving sustainable development [1] - Adapting to international standards through CBAM can create competitive advantages for Thailand in international trade, opening doors to new opportunities in a global market increasingly focused on sustainability [1] Group 3: Future Implications - Starting January 1, 2029, the full implementation of CBAM will require importers to purchase and submit "CBAM certificates" based on the carbon emissions of their goods, which may lead to higher verification costs for Thai companies [1]