BAKU, Azerbaijan, October 18. Azerbaijan exported over 17.6 million tons of crude oil and petroleum products, amounting to a value exceeding $11 billion from January through September 2024.
Data obtained by Trend from the State Customs Committee indicates that the leading importers of Azerbaijani oil for the reporting period were led by Italy, importing 6.5 million tons valued at over $4.1 billion, followed by Israel with 2.3 million tons worth $1.4 billion, and the Czech Republic with 1.2 million tons with a value of more than $790 million.
The list of the 10 largest importers of crude oil and petroleum products from Azerbaijan in January-September 2024 is outlined in the table below:
|
Country |
Import volume (tons) |
Import value (in USD) |
|
Italy |
6.575.258,94 |
$4.16 billion |
|
Israel |
2.372.438,38 |
$1.46 billion |
|
Czech Republic |
1.246.961,29 |
$790 million |
|
India |
1.092.226,71 |
$683.6 million |
|
Croatia |
1.005.081,15 |
$627 million |
|
Germany |
704.051,53 |
$460.8 million |
|
Portugal |
691.401,29 |
$437.5 million |
|
Great Britain |
650.115,4 |
$390.8 million |
|
Romania |
498.906,73 |
$299.9 million |
|
Tunisia |
381.622,34 |
$243.1 million |
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).