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In the first quarter of 2023, the countries of the European Union (EU) imported 8,252 tons of petroleum products worth 6 million euros from Azerbaijan. In January-March 2022, the EU countries imported only 54 tons of petroleum products from Azerbaijan. Thus, compared to the same period of last year, the export of petroleum products to the EU countries from Azerbaijan in the first quarter increased in physical terms by 152.8 times, in monetary terms – by 289 times. According to Eurostat, in March 2023, EU countries imported 8,015 tons of petroleum products from Azerbaijan for 5,738 million euros. Most of the deliveries came to Italy, which was the only one among the EU countries to purchase these products in March. In January-March, Bulgaria, Spain, Greece, and Finland also imported Azerbaijan’s oil products. In the first quarter of 2022, Azerbaijan did not supply these products to the above-mentioned countries. According to Eurostat, in 2022, EU countries increased imports of petroleum products from Azerbaijan by 34.5% compared to 2021 – up to 17,600 tons worth 15.189 million euros (an increase of 2.3 times over the year).

Source: Turan News Agency

By kadmin