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Value of Azerbaijan's oil exported in 2022 sharply increases

Economy Materials 25 January 2023 18:05 (UTC +04:00)
Value of Azerbaijan's oil exported in 2022 sharply increases
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, January 25. Azerbaijan exported over 26 million tons of oil in 2022, which is 4 percent, or about 1.09 million tons less than in 2021, State Customs Committee told Trend.

In value terms, oil exports amounted to more than $19.48 billion, which is 47.4 percent, or $6.2 billion more than in 2021.

"The volume of exported petroleum coke totaled 169,351 tons worth $66.9 million, while the volume of petroleum bitumen - 89,090 tons worth $25.4 million," said the Committee.

In 2021, Azerbaijan exported over 27.1 million tons of oil worth $13.2 billion.

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