BAKU, Azerbaijan, June 19. Azerbaijan exported over 4.5 million tons of oil and petroleum products to Italy from January through May 2023, which is 39.1 percent of the total Azerbaijani exports of raw materials, Trend reports.
This figure decreased by 2.99 percent year-on-year (down by over 141,910 tons).
In terms of value, Azerbaijani exports of oil and petroleum products to Italy during the reporting period amounted to over $2.8 billion, which is 14.65 percent less compared to the same period of 2022.
Azerbaijan exported about 11.7 million tons of oil and petroleum products in general from January through May 2023, which is 3.24 percent more in comparison with the same period last year (11.3 million tons).
In value terms, oil exports exceeded $7.2 billion, which is 10.4 percent, or $83.8 million less than in the same period last year.
