Azerbaijan exported oil worth $16 billion in 2023

The State Customs Committee has said that in 2023, Azerbaijan exported 11,117,529.86 tons of oil amounting to $7,077,115.41 to Italy.

Thus, Italy ranked the first in the total oil exports of Azerbaijan, APA-Economics reports.

Israel took the second place in the total volume of Azerbaijan's oil exports (by value and volume of exported oil - ed.). During the reporting period, 2,270,342.62 tons of oil worth $1,394,267.62 was exported to this country.

India ranked third in the list of Azerbaijani oil exports. In 2023, 2, 025, 082,15 tons of oil worth $ 1, 227, 040.85 were exported to this country.

During the reporting period, 26, 047, 289.51 tons of oil worth $16, 240, 829.63 were exported to 22 countries.