BAKU, Azerbaijan, June 19. Azerbaijan totally exported approximately 11.7 million tons of crude oil and petroleum products worth $7.2 billion from January through May 2023, Trend reports.
According to the State Customs Committee of Azerbaijan, Italy topped the list of three largest importers of Azerbaijani oil in the reporting period (4.59 million tons worth $2.8 billion), followed by Spain (1.01 million tons worth $644.6 million) and Israel (1.02 million tons worth $631.3 million).
The below table lists the top 10 importers of crude oil and petroleum products from Azerbaijan from January through May 2023:
|
Country |
Import volume |
Value of import |
|
Italy |
4.59 million tons |
$2.8 billion |
|
Spain |
1.01 million tons |
$644.6 million |
|
Israel |
1.02 million tons |
$631.3 million |
|
India |
1.02 million tons |
$610.3 million |
|
Türkiye |
787,854 tons |
$459.9 million |
|
Czech Republic |
608,555 tons |
$381.8 million |
|
Germany |
572,190 tons |
$354.36 million |
|
Greece |
453,801 tons |
$263.6 million |
|
Austria |
299,869 tons |
$190.16 million |
|
Ireland |
259,747 tons |
$163.56 million |
Oil from Azerbaijan is transported to neighboring countries and global markets via three pipelines: Baku-Novorossiysk, Baku-Supsa, and Baku-Tbilisi-Ceyhan (BTC). Currently, transportation via the Baku-Supsa pipeline is suspended. Additionally, oil is exported by rail to terminals in Batumi and Kulevi in Georgia.