Azerbaijan's crude oil exports to Türkiye drop significantly in early 2025

In the first two months of 2025, Azerbaijan exported over 14,760 tons of crude oil to Türkiye, worth more than $7.44 million. This represents a significant decline, with exports down 4.6 times in volume and 4.8 times in value compared to the same period last year, Report informs, citing the State Customs Committee of Azerbaijan.

During this period, crude oil exports to Türkiye made up 0.31% of Azerbaijan's total oil exports.

In total, Azerbaijan exported more than 4.778 million tons of crude oil and petroleum products from bituminous rocks, valued at approximately $2.673 billion, in January-February 2025.

Azerbaijan's total trade transactions during this period amounted to over $8.904 billion, with exports totaling $4.766 billion and imports reaching $4.138 billion.