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Azerbaijan sees decline in oil exports to Belarus

Oil&Gas Materials 28 June 2021 14:35 (UTC +04:00)

BAKU, Azerbaijan, June 28

By Fidan Babayeva - Trend:

Azerbaijan exported 270,690 tons of crude oil to Belarus from January through May 2021, which is $118.9 million in monetary terms, Trend reports on June 28 with reference to the Azerbaijani State Statistics Committee.

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 3.3 percent less than from January through May 2020.

The trade turnover between Azerbaijan and Belarus reached $175.7 million from January through May 2021.

During the reporting period, Azerbaijan’s export to Belarus reached $125.1 million while imports from this country - $50.6 million.

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