BAKU, Azerbaijan, August 21. Azerbaijan imported 727,700 tons of crude oil and petroleum products derived from bituminous rocks from January through July 2025, valued at $350.8 million.
Data obtained by Trend from the State Statistical Committee of
Azerbaijan indicates that the monetary valuation of these imports
experienced a decrement of $203.8 million, equating to a
contraction of 36.7 percent, concomitantly with a volumetric
reduction of 253,700 tons, representing a decline of 25.8 percent,
in juxtaposition to the corresponding timeframe of the previous
year.
Furthermore, Azerbaijan engaged in the procurement of crude oil
derivatives from Kazakhstan, Russia, and Iraq throughout the
specified timeframe. In the first half of the fiscal year,
Kazakhstan contributed a substantial 41,800 metric tons,
translating to a monetary value of $22.6 million. Concurrently,
Russia delivered a significant volume of 685,700 metric tons,
amounting to an impressive $328.1 million. Meanwhile, Iraq's
contribution was comparatively modest at 141 metric tons, with a
valuation of $52,000. During the reporting period, there were no
documented outbound shipments of these crude oil derivatives from
Azerbaijan in the contrary trajectory.
To note, Azerbaijan exported over 12 million tons of crude oil and crude oil products obtained from bituminous minerals to 18 countries, generating more than $6.4 billion in revenue from January through June 2025. This represents a decline of $602.8 million, or 8.6 percent in value, while volume increased by 947,500 tons, or 8.5 percent, compared with the same period in 2024.
