Details of EU countries’ oil imports from Azerbaijan in January revealed

In January 2025, European Union (EU) countries imported over 1.317 million tons of oil from Azerbaijan, representing a 29.2% increase year-on-year, Report informs, citing Eurostat.

During the month, the value of oil supplied from Azerbaijan to EU countries stood at €758.396 million, which is an increase of 27.1% compared to the same period last year.

The top five EU importers of Azerbaijani oil in January were:

- Italy: 455,485 tons (-21.4%) worth €265.298 million (-21.5%);

- Czech Republic: 279,573 (+34.6%) worth €153.201 million (+27.4%);

- Germany: 213,132 (+46.7 times) worth €124.054 million (+44.8 times);

- Portugal: 138,225 (-2.2%) worth €690.122 million (-0.3%);

- Croatia: 89,348 worth €51.44 million (no supplies a year ago).

According to Eurostat, EU countries imported about 20.3 million tons of oil worth approximately €12.4 billion from Azerbaijan in 2023, marking a 2.6% increase in volume and an 18% decline in value compared to 2022.