Baku: In January of this year, Azerbaijan exported 1,847,915.54 tons of oil worth 861,652.23 thousand US dollars to Italy, APA-Economics reports, citing the report of the State Customs Committee. Thus, Italy ranked first in Azerbaijan’s total oil exports.
According to Azeri-Press News Agency, Romania ranked second in Azerbaijan’s total oil exports in terms of both volume and value. During the reporting period, 197,053.85 tons of oil worth 93,673.99 thousand US dollars were exported to this country. Portugal ranked third in Azerbaijan’s oil export list by volume and value. In January, 93,590.26 tons of oil worth 44,337 thousand US dollars were exported to Portugal.
The reported figures consider the value of exported oil whose customs clearance was completed during the reporting period. During this period, Azerbaijan exported 2,642,930.94 tons of oil worth 1,238,082.05 thousand US dollars to 11 countries. APA-Economics presented a ranking regarding the countries to which Azerbaijan exported oil in January, based on the value and volume of exported oil.