Azerbaijan’s crude oil exports keep falling

According to customs declarations, Azerbaijan exported 5,600,505.94 tons of crude oil and petroleum products obtained from bituminous rocks worth $3,490,147,940 in the first three months of 2024, Report informs, citing the State Customs Committee.

This is a decrease of 17.75 percent in volume and 18.3 percent in value compared to January-March 2023

In the reporting period, the share of crude oil and petroleum products in the total exports of Azerbaijan was 58.32 percent.