Azerbaijan imports over 644,000 tons of oil in Jan–May 2025

Azerbaijan imported 644,807.97 tons of crude oil worth $316.54 million during the five months of 2025, Report informs, citing the State Statistical Committee.

Compared to the same period in 2024, oil imports decreased by 13.1% in volume and 23.9% in value.

The bulk of the oil—93.5%—was imported from Russia, totaling 602,874 tons valued at $293.83 million, down 2.2% in volume and 13.2% in value year-on-year.

During the same period, Azerbaijan also imported 41,792.43 tons of oil from Kazakhstan worth $22.65 million—up 20.8% in volume but down 0.8% in value. Additionally, 141.54 tons of oil worth $52,370 were imported from Iraq, marking the first Iraqi oil purchase since 2020. That year, imports from Iraq totaled 43.98 tons valued at $10,340.

In 2024, Azerbaijan imported 1.869 million tons of oil worth $1.02 billion, reflecting annual increases of 2.5% in volume and 5.3% in value.