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Vietnam increases imports of oil from Azerbaijan

Oil&Gas Materials 6 October 2023 20:30 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 6. Azerbaijan exported over 305,990 tons of crude oil and oil products to Vietnam from January through August 2023, which is 1.65 percent of the total volume of raw materials exported from Azerbaijan, Trend reports.

This figure increased by 10.73 percent, or 29,650 tons, on a year-on-year basis.

The value of Azerbaijani oil and oil products exports to Vietnam amounted to $179.9 million from January through August 2023. This is 27.37 percent or $67.8 million less year-on-year.

Azerbaijan exported a total of 18.5 million tons of oil and oil products from January through August 2023, which is 2.9 percent more year-on-year (17.9 million tons). In value terms, oil exports exceeded $11.2 billion, which is 18.14 percent or $2.4 billion less year-on-year.

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