BAKU, Azerbaijan, March 20. From January to February 2024, Azerbaijan shipped about 82,610 tons of crude oil and oil products to Germany, accounting for 1.79 percent of Azerbaijan's total raw material exports, Trend reports.
Calculations based on data from Azerbaijan's State Customs
Committee suggest that this indicator declined by 78.88 percent, or
308,482 tons, year on year.
During the specified time period, Azerbaijani oil and oil products
were exported to Germany for $52.283 million in total. This is
78.99 percent, or $196.54 million less than the same period in
2023.
Azerbaijan exported 4.6 million tons of oil and oil products from
January to February 2023, 11.2 percent less than the same time last
year (5.2 million tons). In terms of value, oil exports exceeded
$2.8 billion, a 13.06 percent decrease, or $424.6 million, over the
same time in 2023.