Azerbaijan's revenues from oil exports up 16%

Azerbaijan exported 6,809,685.99 tons of crude oil and crude oil products from bituminous rocks worth $4,272,127,650 in January-March 2023, respectively, up 15.7% and 16.1% from the previous year, Report informs, citing the State Customs Committee.

In the reporting period, the exports of these products constituted 55.19% of total exports.

During the three months of 2023, Azerbaijan’s total exports amounted to $11.771 billion. Of this, $7.741 million billion made up exports, while $4.30 billion were imports.