Azerbaijan exports 360,299 tons of crude oil to Germany in seven months

Azerbaijan exported 360,299 tons of crude oil to Germany in January-July 2026, Report informs, citing the State Customs Committee.

The value of the exported crude oil amounted to $210.86 million.

The volume of exports decreased by 45.5% and the value by 40.9% compared with the same period of 2025.

Crude oil exports to Germany accounted for 2.8% of Azerbaijan's total crude oil exports.

According to customs declarations, Azerbaijan exported 12.72 million tons of crude oil and petroleum products obtained from bituminous minerals worth $8.03 billion during the reporting period.

In January-July, Azerbaijan conducted trade operations with foreign countries worth $29.22 billion. Exports accounted for $19.34 billion of the total foreign trade turnover, while imports amounted to $9.88 billion.