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Azerbaijan reveals data for oil exports in 11M2021

Oil&Gas Materials 22 December 2021 11:21 (UTC +04:00)

BAKU, Azerbaijan, Dec. 22

By Sadraddin Aghjayev - Trend:

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

According to the report, this figure amounted to over 25.5 million tons, down by slightly over two billion tons or 7.5 percent on annual basis.

Besides, in the first 11 months of this year, Azerbaijan exported oil worth more than $12.2 billion, which is 37.46 percent more compared to the same period of 2020.

Meanwhile, Azerbaijan exported nearly 1.22 million tons of petrochemicals, increasing the volume by 23.5 percent year on year.

Main types of energy products exported in 11M2021:

Products

Volume

Value

Share in export (%)

Crude oil

25.5 million tons

$12.2 billion

62.05

Petrochemicals (2710 by commodity code)

1.22 million tons

$591.9 million

2.99

Electricity

1.23 million kWh

$51.1 million

0.26

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