Turkmenistan increases export of lubricating oils to Azerbaijan 35 times

In the first four months of 2022, Azerbaijan exported 7,739 tons of lubricating oils worth $8.6 million, Report informs referring to the State Statistics Committee.

Compared to the same period last year, this is 6.1% more in value terms, and 40% less in quantitative terms.

Turkiye imported 5,744 tons (21.1% less year-on-year) of products worth $6 million (+34.5%), Iraq - 568.71 tons (+80%) worth $811,000 (2.4 times more), Ukraine - 379 tons (-89.6%) for $358,000 (-85.3%), Moldova - 295.3 tons (2.1 times more) for $358,000 (2.6 times more), Lebanon - 176.1 tons (97.8 times more) for $278,000 (2.4 times more).

During the reporting period, Azerbaijan imported 20,666 tons of lubricating oils worth $37.4 million, which is 65.6% and 51% more than in the same period in 2021, respectively.

Turkiye exported 3,977 tons (+39.3%) of products worth $9.9 million (+64%), Russia - 6,739 tons (+52.3%) worth $7.55 million (+33%), Germany - 1,817 tons (+16%) for $6.6 million (+26%), Turkmenistan - 4,622 tons (35 times more) for $3.6 million (30 times more), Belgium - 555 tons (+39%) for $1.8 million (+41.4%).