Azerbaijan's oil exports to Italy decreases by 15%

From January through February 2023, Azerbaijan exported over 1.812 million tons of crude oil to Italy for over $1.157 billion, Report informs, citing the country’s State Customs Committee.

In January-February 2023, oil exports from Azerbaijan to Italy decreased by 14.6% in quantitative terms and by 10.1% in value terms compared to the first two months of 2022.

The share of crude oil exported from Azerbaijan to Italy during the reporting period amounted to 35.02% of the country’s total oil exports.