BAKU, Azerbaijan, June 16
By Fidan Babayeva - Trend:
Azerbaijan exported 5.9 million tons of oil to Italy from January through May 2021, Trend reports on June 16 with reference to the Azerbaijani State Customs Committee.
According to the State Customs Committee, in value terms, oil worth $ 2.4 billion was exported to Italy in the reporting period.
Azerbaijan as a whole exported 11.9 million tons of oil from January through May 2021, which is by 15 percent less than in the same period of last year.
In value terms, oil worth $4.9 billion was exported from January through May 2021, which is by 3.3 percent less than from January through May 2020. The share of Italy in Azerbaijan's oil export reached 49.7 percent.
Azerbaijan increased import from Italy by 7.3 percent in 2020 compared to 2019. Azerbaijan’s export volume to Italy reached $4.2 billion, which is by 25 percent less than in 2019.
The trade turnover between Azerbaijan and Italy reached $4.6 billion in 2020, which is by 24 percent less than in 2019.
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