Türkiye sees 6-fold drop in crude oil imports from Azerbaijan
- 21 May, 2025
- 11:07
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In January-April of 2025, Azerbaijan exported nearly 25,852 tons of crude oil, valued at approximately $12.808 million to Türkiye, marking a year-on-year decline of 6.3 times and 7 times, respectively, Report informs, citing the State Customs Committee of Azerbaijan.
For 4 months, the share of crude oil exported to Türkiye in Azerbaijan's total oil exports stood at 0.32%.
According to customs declarations, Azerbaijan exported just under 8.204 million tons of crude oil and petroleum products obtained from bituminous rocks, valued at over $4.562 billion in the first four months of 2025.
Overall, Azerbaijan conducted trade transactions with other countries worth $16.917 billion in January-April of 2025, with exports constituting $8.785 billion and imports responsible for $8.133 billion.