BAKU, Azerbaijan, November 17. Azerbaijan's oil exports reached approximately 22.3 million tons, valued at nearly $13.8 billion, from January through October 2023, Trend reports via the State Customs Committee of Azerbaijan.
In this period, the top three importers of Azerbaijani oil were Italy, leading the pack with 9.3 million tons valued at $5.9 billion, followed by Israel, which imported 2.2 million tons worth $1.3 billion, and India with 1.4 million tons valued at over $817 million.
The following table outlines the ten largest importers of crude oil and petroleum products from Azerbaijan in January-October 2023:
|
Country |
Import volume (tons) |
Value (USD) |
|
Italy |
9,252,135.76 |
5,850,955,990 |
|
Israel |
2,154,667.42 |
1,320,085,610 |
|
India |
1,370,600.87 |
817,429,580 |
|
Spain |
1,114,184.47 |
700,578,650 |
|
Czech Republic |
1,089,037.44 |
653,660,330 |
|
Türkiye |
1,119,456.46 |
633,322,820 |
|
Germany |
933,370.16 |
596,323,440 |
|
Croatia |
802,021.56 |
475,452,600 |
|
Great Britain |
691,038.87 |
432,278,590 |
|
Greece |
656,521.80 |
403,274,260 |
Oil from Azerbaijan is transported to neighboring countries and global markets through three major pipelines: Baku-Novorossiysk, Baku-Supsa, and Baku-Tbilisi-Ceyhan (BTC). Currently, transportation via the Baku-Supsa pipeline is temporarily suspended. In addition, oil is exported by rail to the Georgian terminals in Batumi and Kulevi.
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