From January to May 2015 Azerbaijan exported 13,869,064 tons, down 3.2% against the same period in 2014.
Azerbaijan State Customs Committee reported that according to the meters, during 5 months, 2015 11,024,378 tons of oil was exported via the Baku-Tbilisi-Ceyhan (BTC) oil pipeline (including 907,398 tons of gas condensate from the Shah Deniz field), 1,833,072 tons of oil via the Baku-Supsa oil pipeline, 594,071 tons via the Baku-Novorossiysk oil pipeline and 417,543 tons by railway to the Georgian ports.
According to the Committee, from January to May 2015 the volume of declared exported oil totaled 9,698,937 tons to the amount of $4,035,238,002. One can conclude on the basis of this information that since early year average export price of Azerbaijani oil was $417.05 per 1 ton or $56.22 per barrel.
According to the Committee, from January to May 2015 oil products export from Azerbaijan totaled 1,064,286 tons to the amount of $378,560,046.—0—
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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