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Value of Azerbaijan's 2M2021 oil export to Israel revealed

Oil&Gas Materials 30 March 2021 12:08 (UTC +04:00)
Value of Azerbaijan's 2M2021 oil export to Israel revealed

BAKU, Azerbaijan, Mar.30

By Fidan Babayeva - Trend:

Azerbaijan had exported 122,207 tons of crude oil to Israel from January through February 2021, Trend reports on Mar.30 referring to Azerbaijani State Statistical Committee.

According to the committee, in the reporting period, the value of the crude’s export to Israel made up $39.87 million.

Meanwhile, the total volume of Azerbaijan’s oil export was more than 5.6 million tons, up by 0.3 percent over the year, while the total export value – over $2 billion (a 25 percent decrease compared to the first 2 months of last year).

In 2020, trade turnover between the two countries exceeded $43.6 million, of which more than $40 million fell on export from Azerbaijan to Israel, and over $3.6 million – on import of Israeli products by Azerbaijan.

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Follow the author on Twitter: @Fidan_Babaeva

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