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Azerbaijan cuts oil exports by 9%

Azerbaijan cuts oil exports by 9%
Azerbaijan cuts oil exports by 9%

According to the customs declarations of Azerbaijan, the country reduced oil exports by 9% in January-April of 2021. Azerbaijan exported 10,737,848 tons of crude oil and petroleum products obtained from bituminous rocks. It turns out the value of Azerbaijani crude oil exported over the past four months amounted to $4,353,098.

Statistics show that in the first four months of this year, compared to the data of 4 months of last year, the volume of crude oil exported from Azerbaijan decreased by 9.3%, and the value by 9.7%. In January-April 2021, the share of crude oil in Azerbaijan's total exports was 68.4%.

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