Azerbaijan's revenues from oil exports to Czechia up by over 58% in 2024

In 2024, Azerbaijan exported 1.77 million tons of crude oil worth $1.08 billion to the Czech Republic, according to the State Customs Committee of Azerbaijan, Report informs.

The volume of oil exports to the Czech Republic increased by 55.83%, while the value rose by 58.43% compared to 2023.

Last year, crude oil exported to the Czech Republic accounted for 7.5% of Azerbaijan's total oil exports.

According to customs declarations, in 2024, Azerbaijan exported nearly 23.6 million tons of crude oil and oil products obtained from bituminous rocks worth $14.44 billion.

During the reporting year, Azerbaijan conducted trade operations worth $47.61 billion with foreign countries. Of the foreign trade turnover, $26.55 billion accounted for exports and $21.05 billion for imports.