BAKU, Azerbaijan, January 18. Azerbaijan exported over 26 million tons of crude oil and petroleum products, amounting to a value exceeding $16 billion in 2023, Trend reports citing the State Customs Committee.
The leading importers of Azerbaijani oil last year were headed by Italy, importing 11.1 million tons valued at over $7 billion, followed by Israel with 2.3 million tons worth $1.4 billion, and India, exceeding 2 million tons with a value of more than $1.2 billion.
The list of the 10 largest importers of crude oil and petroleum products from Azerbaijan in 2023 is outlined in the table below:
|
Country |
Import volume |
Import value (in US dollars)) |
|
Italy |
11 117 529.86 |
7,077,115,410 |
|
Israel |
2 270 342.65 |
1,394,267,620 |
|
India |
2 025 082.15 |
1,227,040,850 |
|
Germany |
1 341 018.14 |
871,933,820 |
|
Spain |
1 221 974.82 |
769,586,750 |
|
Czech Republic |
1 135 964.61 |
682,886,680 |
|
Türkiye |
1 202 207.86 |
676,306,620 |
|
Croatia |
975 165.93 |
590,404,890 |
|
Greece |
743 513.50 |
455,309,000 |
|
Great Britain |
691 038.87 |
432,278,590 |
Azerbaijan's oil is transported to neighboring countries and global markets through three pipelines: Baku-Novorossiysk, Baku-Supsa, and Baku-Tbilisi-Ceyhan (BTC). Currently, transportation via the Baku-Supsa pipeline is temporarily suspended.
Furthermore, oil is exported by rail to terminals in Batumi and Kulevi (Georgia).
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