BAKU, Azerbaijan, June 20. Azerbaijan exported over 572,190 tons of crude oil and petroleum products to Germany from January through May 2023, which is 5.02 percent of the total export of raw materials from Azerbaijan, Trend reports.
This indicator increased by 63.02 percent, or 221,186 tons on an annual basis.
The value of the export of Azerbaijani oil and petroleum products to Germany during the specified period amounted to $354.3 million. This is 37.07 percent or $95.8 million more in comparison with 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.