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Azerbaijan's oil export volume down in 10M2021

Oil&Gas Materials 30 November 2021 17:06 (UTC +04:00)

BAKU, Azerbaijan, Nov. 30

By Sadraddin Aghjayev - Trend:

The total volume of Azerbaijan’s oil exports to international markets declined from January through October 2021, Trend reports on Nov. 30 citing a report of the country’s State Customs Committee (SCC).

According to the report, this figure amounted to over 23.8 billion tons, down by 2.21 billion tons or 8.5 percent on annual basis.

Besides, in the first 10 months of this year, Azerbaijan exported oil worth $11.21 billion, which is 32.35 percent more compared to the same period of 2020.

Over the specifying period, Azerbaijan exported over 1.16 million tons of petrochemicals, increasing the volume by 34.5 percent year on year.

Main types of energy products exported in 10M2021:

Products

Volume

Value

Share in export (%)

Crude oil

23.8 million tons

$11.2 billion

66.59

Petrochemicals (2710 by commodity code)

1.16 billion tons

$552.2 million

3.28

Electricity

992.7 million kWh

$40.3 million

0.24

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Follow the author on Twitter: @agdzhaev

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