BAKU, Azerbaijan, Dec.4
By Leman Zeynalova – Trend:
Azerbaijan’s total crude oil and oil products’ exports stood at 23,800,444 tons worth $11.220 billion from January through October 2021, Trend reports with reference to the State Customs Committee.
In terms of import value, Italy came in first with 11.408 million tons worth $5.337 billion, followed by Croatia with 1.530 million tons worth $751.238 million and Israel with 1.257 million tons worth $611.729 million.
The table below shows 10 largest importers of crude oil and oil products from Azerbaijan in the first ten months of 2021 in terms of value (in USD):
Country |
Volume of imports |
Value of imports |
Italy |
11,408,096 |
5,337,711,070 |
Croatia |
1,530,609 |
751,238,160 |
Israel |
1,256,823 |
611,729,320 |
Spain |
1,270,845 |
552,660,700 |
Portugal |
1,077,855 |
533,986,420 |
India |
1,122,729 |
496,009,130 |
Germany |
791,289 |
405,658,070 |
Tunisia |
782,827 |
373,764,250 |
Ukraine |
819,699 |
359,630,740 |
UK |
624,005 |
312,493,080 |
There are three main oil pipelines transporting oil from Azerbaijan to its neighbours and on to world markets: Baku-Novorossiysk Pipeline, Baku-Supsa Pipeline and Baku-Tbilisi-Ceyhan (BTC) Pipeline.
In addition, railway lines traversing the length of Azerbaijan are also used to convey oil to the Batumi and Kulevi terminals located on the Black Sea along the coast of Georgia.
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Follow the author on Twitter: @Lyaman_Zeyn