Azerbaijan sees 49% growth in revenues from oil exports

Energy
  • 16 December, 2022
  • 11:33
Azerbaijan sees 49% growth in revenues from oil exports

Azerbaijan exported 24,318,448.83 tons of crude oil and crude oil products obtained from bituminous rocks worth $18,318,642,450 in January-November 2022, respectively, down 4.77% and up 49.11% from the previous year, Report informs, citing the State Customs Committee.

In the reporting period, the exports of these products constituted 50.42% of total exports.

During the eleven months of 2022, Azerbaijan’s total exports amounted to $49.217 billion. Of this, $36.336 billion made up exports, while $12.881 billion – imports.