During 6 months, 2012 Azerbaijan exported a total of 726,408,027 tons of oil products.
According to the Azerbaijan State Customs Committee, during this period the country's incomes from oil products export totaled $604,027,260. From January to June 2012 average export price of 1 ton of oil products of Azerbaijan totaled $831.5.
Oil products export constituted 4.75% of total volume of the country's export during this period ($12 billion 711,506,660). Export of this product decreased by 19.36% (in money equivalent) against the same period last year.
* Reduction of oil products export is connected with growing consumption at the domestic market of Azerbaijan.-0-
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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