Azerbaijan's petroleum coke exports to Russia soar

Azerbaijan exported 101,667 tons of petroleum coke, valued at $8.62 million in the initial five months of 2024, Report informs, citing the country's State Statistical Committee.

Compared to the corresponding period of 2023, the exports fell by 19 percent in volume and 78 percent in value.

During the reporting period, Azerbaijan exported 67,810 tons (-36%) of petroleum coke to China for $5.57 million (-88%), 18,965 tons (+4 times) to Russia for $1.7 million (-12%), 14,890 tons to Egypt for $1.34 million (no supply a year ago).

Meanwhile, in 2023, Azerbaijan exported 232,000 tons of petroleum coke to four countries, 77.2% of which went to China.