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Volume of Azerbaijan's 1Q2021 oil export to Spain disclosed

Oil&Gas Materials 21 April 2021 15:45 (UTC +04:00)
Volume of Azerbaijan's 1Q2021 oil export to Spain disclosed

BAKU, Azerbaijan, Apr.21

By Fidan Babayeva - Trend:

Azerbaijan has exported 517,900 tons of oil worth over $179.87 million to Spain from January through March 2021, Trend reports referring to the Azerbaijani State Statistical Committee.

According to the committee, in the reporting period, the total volume of Azerbaijan’s oil export was more than 7 million tons, up by 7 percent over the year, while the total export value – over $2.6 billion (24.3 percent decrease compared to 1Q2020).

In 2020, trade turnover between them exceeded $427.3 million, of which more than $329.2 million fell on export from Azerbaijan to Spain, and over $98 million – on import of Spanish products by Azerbaijan.

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Follow the author on Twitter: @Fidan_Babaeva

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