BAKU, Azerbaijan, March 20. Azerbaijan's export portfolio for the initial two months of the fiscal year showcased a substantial outflow of crude oil and its derivatives, amounting to a monetary value of $276.5 million, alongside a significant tonnage of 500,000 tons of bituminous rocks directed towards the German market.
Data obtained by Trend from the Azerbaijani State Customs Committee reflects the export value's growth by $224.3 million, or 5.3 times, and the volume's increase by 417,400 tons, or 6.1 times, compared to the same period in 2024.
In the specified reporting timeframe, Germany secured the 2nd
position in the hierarchy of leading importers of Azerbaijani crude
oil.
It is noteworthy that Azerbaijan has achieved an export valuation
of $2.7 billion, encompassing 4.8 million tons of crude oil and its
derivatives sourced from bituminous formations during the initial
bi-monthly period of 2025. This reflects a commendable uptick in
export value by $153.2 million, translating to a 5.4 percent
enhancement, alongside a volumetric escalation of 182,900 tons,
representing a four percent year-on-year increment.
