Azerbaijan increases profit from oil sold to Italy by 12%

Agshin Rafigoglu
Author

In January-November this year, 8.629 million tons of crude oil were exported from Azerbaijan to Italy, Report informs referring to the State Customs Committee.

The cost of production amounted to $6.452 billion.

In January-November of this year, the number of products exported from Azerbaijan to Italy is 28.6% less than in January-November 2021, and the cost is 11.8% more.

The share of crude oil exported from Azerbaijan to Italy in the total volume of Azerbaijan’s oil exports amounted to 35.48%.

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