The State Statistics Committee informs that the Baku-Tbilisi-Ceyhan (BTC) pipeline from 1 January to 1 August supplied 20 million 596.4 thousand tons of oil, accounting for 78% of the total pumping volume. Of these, 2.8 million tons were transit cargo. In general, the pipeline transported in different directions 26 million 400 thousand tons (minus 3.8% versus the same period last year).
At the same time the total volume of cargo transportation by all modes of transport by 1 August was at a level of 123 million 603.4 thousand tons (minus 2.1%), with 82.2% of cargo on private transport (+ 1.7%).
Most of the goods were transported by road - 77 million 167.7 thousand tons (+ 2.8%), 26.4% - by pipelines, 8 million 263.9 thousand tons – by train (minus 18.6%), 3 million 20.1 thousand tons – by sea transport (minus 27.1%). The real plus (+ 21.1%) came from the air carriers - 85.1 thousand tons. --17D-
Economics
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The safety of metro passengers is a top priority, Vusal Aslanov, Chairman of “Baku Metro” CJSC, told journalists citing the transport system’s handling of 229-230 million passengers in 2024.
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New data reveal dramatic increases in both foreign arrivals and Azerbaijani departures, highlighting the country’s evolving role as a regional travel hub. In a striking demonstration of its growing global connectivity, Azerbaijan saw a significant surge in international arrivals during 2024. According to figures released by the State Border Service, the country welcomed approximately 2.63 million non-citizen visitors—a 25.9% increase over the previous year—representing travelers from 196 countries. The latest data underscore Azerbaijan’s escalating prominence on the international stage, both as a destination and a departure point.
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Global food prices decreased in 2024, but Azerbaijan bucked the trend, recording a rise in food expenditures. Experts believe this necessitates urgent expansion of agricultural production to safeguard the domestic market.
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Italy, one of the European Union's largest economies, solidified its position as a key importer of Azerbaijani natural gas in 2024, despite a notable decline in domestic gas consumption. The country imported 58.7 billion cubic meters (bcm) of natural gas, meeting most of its annual demand of 61.7 bcm—a 2.5% drop compared to 2023. This data, reported by the Italian energy market regulator GME, highlights shifts in Italy’s energy sourcing and consumption patterns.
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