BAKU, Azerbaijan, December 26. Azerbaijan exported over 1.5 million tons of oil and petroleum products to India, accounting for 6.22 percent of total Azerbaijani raw material exports from January through November 2023, Trend reports via the State Customs Committee of Azerbaijan.
Based on the committee's statistics, the projections showed that this indicator declined by 25.3 percent (510,180 tons) year on year.
Azerbaijani exports of oil and petroleum products to India reached $917.9 million during the reporting period, a 43.53 percent reduction from the same period in 2022.
From January to November 2023, Azerbaijan shipped 24.19 million tons of oil and petroleum products overseas, a 0.49 percent decrease from the same period the previous year (24.3 million tons).
Oil exports exceeded $15 billion in value, which is 17.57 percent, or $3.2 billion less than the total for the same period in 2022.