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Azerbaijan increased revenues from oil export by 1.6 times in 3 quarters
Baku/19.10.22/Turan: In January-September 2022, export of declared Azerbaijani oil amounted to 19 million 514.162.77 tons, by 3.8% lower than in the same period of last year.
The cost of oil exported during the reporting period amounted to $14 billion 897 million 429.93 (increase of 60.1%), according to the monthly report of the State Customs Committee of the Azerbaijan Republic.
Based on the SCC data, in January-September, on average, Azerbaijan delivered oil to foreign markets at a price of $103.16.
According to the report, a share of oil in the total structure of Azerbaijan's exports for the reporting period amounted to 50.46% (63.59% in January-September 2021).
In the reviewed period, 27 countries were buyers of Azerbaijani oil. Among them, Italy remains the main buyer, which accounted for 38.7% of all exports of "black gold" in January-September 2022. In addition to Italy, the top three buyers included India and Israel. -0--
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- Finance
- 19 October 2022 11:18
Economics
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