Azerbaijan sees 20% decline in revenues from oil export to Israel

In January–July 2023, Azerbaijan exported 1,354,226.01 tons of crude oil (-6.6%) worth $822,483,440 (-19.5%) to Israel, Report informs, citing the State Customs Committee.

The share of crude oil exported to Israel in the total oil exports of Azerbaijan was 8.71%.

Azerbaijan exported 15,540,323.64 tons of crude oil and crude oil products obtained from bituminous rocks worth $9,444,800,480 in January-July 2023.

In the reporting period, Azerbaijan conducted trade transactions with foreign countries worth $30.333 billion.

The export operations accounted for $20.777 billion, and imports for $9.556 billion.