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Total value of Azerbaijan's oil export abroad up in 9M2021

Oil&Gas Materials 18 October 2021 16:57 (UTC +04:00)
Total value of Azerbaijan's oil export abroad up in 9M2021

BAKU, Azerbaijan, Oct.18

By Sadraddin Aghjayev - Trend:

Azerbaijan’s total oil exports to international markets in value terms grew from January through September 2021, Trend reports on Oct.18 citing a report of the country’s State Customs Committee (SCC).

According to the report, this figure exceed $9.3 billion, up by 23 percent on annual basis.

At the same time, in the first nine months of this year, Azerbaijan exported 20.28 million tons of oil, which is 1.55 billion tons or 7.1 percent less compared to the same period of 2020.

Over the specifying period, Azerbaijan exported 1.08 million tons of petrochemicals, increasing the volume by 25.23 percent year on year.

Main types of energy products exported in 9M2021:

Products

Volume

Value

Share in export (%)

Crude oil

20.28 million tons

$9.3 billion

63.59

Oil products (2710 by commodity code)

1.08 billion tons

$501.9 million

3.43

Electricity

934.7 million kWh

$37.7 million

0.26

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