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Azerbaijan increases oil exports

Oil&Gas Materials 14 August 2019 16:16 (UTC +04:00)

Baku, Azerbaijan, Aug. 14

By Sara Israfilbayova - Trend:

In January-July 2019, Azerbaijan exported 19.5 million tons of oil, which is by 17.4 percent more compared to January-July 2018, Trend reports referring to the country's State Customs Committee.

According to the committee, in total monetary terms, exports amounted to $9.5 billion (an increase of almost 10 percent).

During the reported period, Azerbaijan exported almost 436,200 tons of oil products worth $220 million. Over a year, these indicators decreased by 15.8 percent and 17.8 percent, respectively. The share of oil products in the country's exports was 2.55 percent.

In January-July 2019, Azerbaijan's total exports in monetary terms amounted to $12.3 billion, which is 14.14 percent more compared to the same period last year.

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