According to the meters of the Azerbaijan State Customs Committee, from January to November 2013 Azerbaijan exported 1,486,000 tons of oil products.
According to the Customs Committee, during this period export of oil products totaled $1,097,000,000. This means that 1 ton of oil product was exported at an average price of $738.
Oil products export dropped by 9.64% in rice equivalent against the same period last year. Oil products constituted 4.99% in total volume of export. During 2012 Azerbaijan exported 1,614,000 tons of oil products. Last year oil products were exported to the amount of $1,321,000,000. Oil products export decreased by 370,000 against 2011.
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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