Azerbaijan's crude oil exports to Greece rise 22.4% in 1H2026

Energy
  • 24 July, 2026
  • 18:42
Azerbaijan's crude oil exports to Greece rise 22.4% in 1H2026

Azerbaijan exported 284,374.7 tonnes of crude oil to Greece in the first half of 2026, Report informs, citing the State Customs Committee of Azerbaijan.

The value of the exports totaled $182.8 million during the January-June period.

Compared with the same period in 2025, the volume of crude oil exports to Greece increased by 22.4%, while their value rose by 41.7%.

Greece accounted for 2.8% of Azerbaijan's total crude oil exports during the reporting period.

Overall, Azerbaijan exported 10.13 million tonnes of crude oil and petroleum products derived from bituminous minerals worth $6.23 billion in the first six months of the year, based on customs declarations.

During the same period, Azerbaijan's total foreign trade turnover reached $24.66 billion, up 1.1% year-on-year. Exports totaled $16.32 billion, an increase of 26.7%, while imports fell 27.6% to $8.34 billion.