Top 10 countries importing Azerbaijani oil

    ECONOMICS  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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