Azerbaijan increases earnings from petroleum product exports by 3.5 times

In January–May of 2026, Azerbaijan exported nearly 410,646 tons of petroleum products, valued at approximately $332.3 million, Report informs, citing the country's State Customs Committee.

According to customs declarations, the exports rose by 97.7% in volume and grew by 3.5 times in value compared to the corresponding period in 2025.

During the reporting period, earnings from petroleum products accounted for 2.38% of Azerbaijan's total export revenues.

Overall, Azerbaijan conducted foreign trade operations worth $20.788 billion in the initial five months of 2026. Of this, $13.970 billion came from exports and $6.818 billion from imports. Year‑on‑year, exports rose by 27%, while imports fell by 31.6%.