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Azerbaijan discloses 2M2021 data on oil exports to Germany

Oil&Gas Materials 31 March 2021 11:27 (UTC +04:00)
Azerbaijan discloses 2M2021 data on oil exports to Germany

BAKU, Azerbaijan, Mar.31

By Fidan Babayeva - Trend:

Azerbaijan exported 91,820 tons of crude oil to Germany from January through February 2021, Trend reports citing the State Statistical Committee of Azerbaijan.

According to the committee, in monetary terms, exports of Azerbaijani crude oil to Germany in the reporting period amounted to $37.3 million.

“In the first 2 months of 2021, Azerbaijan's total export of oil surpassed 5.69 million tons, which is 0.3 percent more compared to the same period of 2020. In monetary terms, oil exports amounted to $2.04 billion, showing a decrease of 25 percent year on year,” the committee noted.

The trade turnover between Azerbaijan and Germany last year amounted to $184.8 million. Azerbaijani exports to Germany stood at $ 42.295 million, while imports from this country totaled $142.5 million.

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Follow the author on Twitter: @Fidan_Babaeva

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