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Azerbaijan records growth in oil exports to Tunisia for 7M2021

Oil&Gas Materials 25 August 2021 16:17 (UTC +04:00)
Azerbaijan records growth in oil exports to Tunisia for 7M2021

BAKU, Azerbaijan, Aug. 25

By Sadraddin Aghjayev - Trend:

Azerbaijan has increased oil exports to Tunisia from January through July 2021, Trend reports citing the State Customs Committee (SCC) of Azerbaijan.

According to the committee, the export volume equaled 595.12 million tons, up by 188,583 tons or 31.6 percent on annual basis.

The value of the oil exports in the first seven months of this year exceeded $274.4 million, which is nearly $95.7 million more than from January to July 2020.

During the reporting period, Azerbaijan has exported a total of over 17.1 million tons of oil, which is 14.33 percent less compared to the same period of 2020. In value terms, the country’s oil exports amounted to $7.58 billion, which is a growth of 18.5 percent on annual basis. The share of Tunisia in Azerbaijan's oil exports amounted to nearly two percent.

Meanwhile, the trade turnover between the two countries amounted to $332.1 million. Azerbaijani exports to Tunisia stood at $330.5 million, and imports - $1.6 million.

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