Bank Of Baku

Azerbaijan’s oil export up 77%

Azerbaijan’s oil export up 77%
# 14 July 2023 10:05 (UTC +04:00)

In January-June of this year, Azerbaijan exported 533 963,83 oil products amounting to USD 315 979,17 thousand, APA-Economics reports citing the indicators published by the State Customs Committee.

During the reporting period, the value of oil products exported by Azerbaijan increased by 73,6%, while volume by 76,7% in comparison to the relevant indicator in 2022.

In 2022, Azerbaijan exported 770,815.85 tons of oil products worth USD 527,355.16 thousand. During the reporting period, the value of oil products exported by the country decreased by 18.8% compared to the indicator of 2021, and the volume decreased by 42.6%.

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