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ECONOMICS
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Top 10 countries importing Azerbaijani oil

20 May 2024 16:43

In January-April 2024, Azerbaijan's largest oil export destination was Italy, receiving 2.4 million tonnes, a 28.6% decrease from the previous year.

The value of exports to Italy also dropped by 27.1%, totalling $1.54 billion, Caliber.Az reports citing the State Customs Committee.

Here are the top 10 countries importing Azerbaijani oil during this period:

  1. Italy

    • Volume: 2,400,401 tonnes
    • Value: $1.54 billion
    • Change: -28.6% in volume, -27.1% in value
  2. Israel

    • Volume: 1,021,917.3 tonnes
    • Value: $621 million
    • Change: +27.6% in volume, +24% in value
  3. India

    • Volume: 802,548.88 tonnes
    • Value: $511.93 million
    • Change: -13% in volume, -5.7% in value
  4. Germany

    • Volume: 440,731.51 tonnes
    • Value: $293.89 million
  5. Czech Republic

    • Volume: 424,662.67 tonnes
    • Value: $271.74 million
  6. Romania

    • Volume: 344,418.52 tonnes
    • Value: $212.24 million
  7. Thailand

    • Volume: 327,013.52 tonnes
    • Value: $203.15 million
  8. Tunisia

    • Volume: 192,559.55 tonnes
    • Value: $119.52 million
  9. Portugal

    • Volume: 190,119.8 tonnes
    • Value: $117.42 million
  10. Croatia

    • Volume: 168,517.8 tonnes
    • Value: $113.67 million

Overall, Azerbaijan exported 6.93 million tonnes of oil to 19 countries during the first four months of 2024, a 25% decline from the same period last year, with a total value of $4.36 billion, marking a 23.6% decrease.

 
Caliber.Az
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