Azerbaijan sharply increases purchase of lubricants from main supply market

In January-March of this year, Azerbaijan imported 23,592 tons of lubricating oil (+58%) worth $37.47 million (+39%), Report informs, citing the State Statistics Committee.

In the reporting period, the country imported 16,124 tons (+3.8 times) of products worth $12.91 million (+2.9 times) from Russia, 3,114 tons (+10%) worth $9.23 million (+30%) from Türkiye, 1,298 tons (-5%) worth $5.91 million (+16.2%) from Germany, 420 tons (+11%) worth $1.616 million (+33%) from Belgium, and 425 tons (+54%) worth $1.04 million (+64%) from the United Arab Emirates.

Russia and Türkiye accounted for 43.8% and 19.4%, respectively, of the 66,620 tons of lubricating oil imported to Azerbaijan from 50 countries in 2022.