Bank Of Baku

Azerbaijan reduced its oil product exports last year

Azerbaijan reduced its oil product exports last year
# 22 January 2025 09:58 (UTC +04:00)

Last year, Azerbaijan exported 537,628.46 tons of oil products worth USD 334,918.14 thousand, APA-Economics reports citing the indicators published by the State Customs Committee.

According to calculations conducted by APA-Economics, the value of oil products exported by Azerbaijan in the reporting period decreased by 41.5% and the volume by 41.9% compared to the indicators of 2023.

It should be noted that in 2023, Azerbaijan exported 925,225.07 tons of oil products worth USD 572,210.25 thousand, which is 8.5% and 20% more compared to the previous year, respectively.

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