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Azerbaijan increases export of oil products

Oil&Gas Materials 18 January 2021 09:57
Azerbaijan increases export of oil products

BAKU, Azerbaijan, Jan. 18

By Fidan Babayeva - Trend:

Azerbaijan exported 29.02 million tons of oil in 2020, which is 5.8 percent less than in 2019, Trend reports citing a statistical report of the State Customs Committee (SCC).

According to the report, the volume of Azerbaijani oil exports over 2020 totaled $9.36 billion, having decreased 36.7 percent compared to 2019.

Meanwhile, Azerbaijan’s exports of petroleum products made up over 1.06 million tons, which rose by 8.5 percent in annual circulation

The main types of energy products exported from Azerbaijan in 2020:

Products

Volume

Value

Share in the volume of export,

(%)

Crude oil

29 million tons

$9.36 million

68.15

Petrochemicals (2710 commodity code)

1.06 million tons

295,114

2.15

Electric energy

1.32 billion kW/hour

59,802

0.44

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Follow the author on Twitter: @Fidan_Babaeva

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