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Azerbaijan experiences decline in export of oil products

Oil&Gas Materials 14 June 2024 13:39 (UTC +04:00)
Lada Yevgrashina
Lada Yevgrashina
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BAKU, Azerbaijan, June 14. Azerbaijan exported 241,109 tons of oil products from January through May 2024, compared to 479,451 tons in the same period in 2023, the statistics of the State Customs Committee of Azerbaijan said, Trend reports.

The country's revenue from exports of oil products in the first five months of 2024 amounted to $159.17 million.

Azerbaijan earned $284.47 million from exports of oil products from January through May 2023.

The share of oil products in Azerbaijan's total exports from January through May 2024 amounted to 1.43 percent (in the same period of 2023, their share in the country's total exports amounted to 1.76 percent).

To note, the value of Azerbaijan's oil product exports was $572.2 million in 2023, with 925,230 tons of exports.

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