Azerbaijan sees hike in profits from oil sales to Indonesia

Energy
  • 19 December, 2024
  • 14:28
Azerbaijan sees hike in profits from oil sales to Indonesia

In January-November 2024, Azerbaijan exported 310,833.01 tons of crude oil to Indonesia for $178,463,010, Report informs, citing the State Customs Committee of Azerbaijan.

The volume of crude oil exported from Azerbaijan to Indonesia increased by 40.6% YoY, and its value increased by 18.8% YoY.

The share of crude oil exported to Indonesia in Azerbaijan's total oil exports was 1.44%.

According to customs declarations, in January-November 2024, Azerbaijan exported 21,555,781.63 tons of crude oil and oil products obtained from bituminous rocks worth $13,304,395,400.

During the reporting period, Azerbaijan conducted trade operations worth $43.109 billion with other countries.