Azerbaijan exports over 12 million tons of crude oil to Italy

Azerbaijan exported more than 12 million tons of crude oil worth $6.23 billion to Italy in January–October this year, marking a 29.8% increase in volume and a 7% rise in value, according to the State Customs Committee.

Crude oil shipments to Italy accounted for 58.2% of Azerbaijan’s total oil exports, News.Az reports, citing local media.

During the same period, Azerbaijan exported a total of 20.8 million tons of crude oil and oil products derived from bituminous rocks, with a combined value of $10.8 billion.

Overall, Azerbaijan’s foreign trade operations during the reporting period reached $40.9 billion, including $21.63 billion in exports and $19.23 billion in imports.

News.Az