Azerbaijan nearly triples revenues from oil exports to India

Agshin Rafigoglu
Author

In January-November 2022, Azerbaijan exported 2,016,842.39 tons of crude oil worth $1,625,428,010 to India, respectively, up 59.9% and 2.8 times from the previous year, Report informs, citing the State Customs Committee.

The share of crude oil exported from Azerbaijan to India in total exports was 8.29%.

Azerbaijan exported 24,318,448.83 tons of crude oil and crude oil products obtained from bituminous rocks worth $18,318,642,450 in January-November 2022, respectively.

In the reporting period, Azerbaijan conducted trade transactions with foreign countries worth $49.218 billion.

The export operations accounted for $36.336 billion, and imports for $ 12.881 billion.

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