...

Azerbaijan's most oil exports account for Italy in 7M2021

Oil&Gas Materials 17 August 2021 11:48 (UTC +04:00)

BAKU, Azerbaijan, Aug.17

By Sadraddin Aghjayev - Trend:

Azerbaijan has exported over 8.3 million tons of oil to Italy from January through July 2021, Trend reports on Aug.17 with reference to the Azerbaijani State Customs Committee.

According to the committee, in value terms, oil worth $3.6 billion was exported to Italy in the reporting period.

Azerbaijan as a whole exported 17.1 million tons of oil in the first seven months of this year, which is by 14.33 percent less on annual basis.

In value terms, oil worth over $7.5 billion has been exported from January through July 2021, which is growth by 18.5 percent compared to the same period of last year.

Azerbaijan increased imports from Italy by 7.3 percent in 2020 compared to 2019. Azerbaijan’s export volume to Italy reached $4.2 billion, down by 25 percent compared to 2019.

The trade turnover between Azerbaijan and Italy made up $4.6 billion in 2020, which is by 24 percent less than in 2019.

-----

Follow the author on Twitter: @agdzhaev

Tags:
Latest

Latest