Azerbaijan increases oil export to European countries-RANKING

Azerbaijan increases oil export to European countries-<span class="red_color">RANKING
# 22 June 2021 17:45 (UTC +04:00)

In January-May of this year, 8 797 819,46 tonnes of oil worth USD 3,585 bln. have been exported from Azerbaijan to the European countries, according to calculations of APA-Economics on the basis of information of State Customs Committee and State Statistics Committee.

The volume of the oil exported to Europe has increased by 3.8%, while the value by 7.6% in comparison with the same period of the previous year.

The largest importer of Azerbaijani oil has been Italy among European countries. In the first five months of the current year, Italy imported  5 982 918,16 tonnes of oil worth USD 2,450 bln. from Azerbaijan, which is 3.3% more in volume, while 1.6% more in value in annual comparison.

Note that Spain, which ranks second in the European oil export market of Azerbaijan, imported 865 947,16 tonnes of oil worth USD 338,982 mln., which is 4 times more in volume, while 3.5 times more in value in annual comparison.

Ranking of European countries, which conducted oil import from Azerbaijan in January-May of 2021: 

#

Countries

Volume, ton

Annual dynamics

Worth, mln. $

Annual dynamics

1

Italy

5 982 918,16

3,3%

2 449,86

1,6%

2

Spain

865 947,16

4 dəfə

338,98

3,5 times

3

Ukraine

480 800,72

-29,4%

173,24

-6,4%

4

Portugal

451 184,17

31,2%

193,47

48%

5

Croatia

444 811,96

-34,6%

177,19

-15,5%

6

Great Britain

270 508,23

-

124,68

-

7

Germany

91 823,81

-3,1 times

37,38

-2,8 times

8

Ireland

87 840,9

-

41,73

-

9

Romania

84 725,08

-7,6%

30,58

-17,4%

10

Czech Republic

37 259,27

-10,5 times

17,56

-9 times

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