Azerbaijan's oil exports to Croatia rise by over 63% in value

Azerbaijan exported more than 1.436 million tons of crude oil, valued at approximately $873.4 million to Croatia in the initial 11 months of 2024, Report informs, citing the Azerbaijani State Customs Committee.

According to the obtained data, this is an increase of 61.1 percent in volume and 63.25 percent in value compared to the same period last year.

In 11 months, Croatia accounted for 6.7% of Azerbaijan’s total oil exports.

Overall, Azerbaijan exported more than 21.555 million tons of crude oil and related products obtained from bituminous rocks, worth $13.304 billion in January-November 2024.

In the specified period, Azerbaijan conducted foreign trade transactions worth over $43.109 billion in January-November of 2024. Of that, almost $24.338 billion accounted for exports and over $18.771 billion fell to imports.