Azerbaijan reveals volume of oil exports to Greece

In 2024, Azerbaijan exported over 368,732 tons of crude oil to Greece, valued at more than $224.2 million, marking a 2-fold decline both in terms of volume and value year-on-year, Report informs, citing Azerbaijan’s State Customs Committee.

The share of crude oil exported to Greece for the reporting period in Azerbaijan's total oil exports was 1.56%.

According to customs declarations, Azerbaijan exported just over 23.596 million tons of crude oil and petroleum products obtained from bituminous rocks, valued at over $14.437 billion in 2024.

Overall, Azerbaijan conducted trade transactions with other countries worth over $47.612 billion in 2024. Of that, more than $26.554 billion accounted for exports and $21.058 billion fell to imports. Over the past year, exports decreased by 21.7 percent, while imports grew by 21.8 percent.