Bank Of Baku

Azerbaijan's revenues from oil exports increased

Azerbaijan
# 22 March 2022 14:25 (UTC +04:00)

In January-February this year, Azerbaijan exported 117,238.73 tons of oil products worth $ 62,591.88 thousand, APA-Economics reports citing the data published by the State Customs Committee.

According to the information, the value of oil products exported by Azerbaijan in the reporting period increased by 34.05% compared to 2020, while the volume decreased by 5.1%.

Last year, Azerbaijan exported 1,341,851.3 tons of oil products worth $ 649,567.45 thousand. During the reporting period, the value of oil products exported by Azerbaijan increased by more than 2.2 times compared to 2020, and the volume increased by 26.1%.

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