Eurostat discloses figures of oil imports by EU countries from Azerbaijan

EU countries imported 9.107 million tons of oil from Azerbaijan in the seven months of 2024, a 28.5% decrease compared to the same period in 2023, according to data from Eurostat - the Statistical Office of the European Union, Report informs.

The value of the oil supplied to EU countries from Azerbaijan during the reporting period amounted to 5.671 billion euros, a 24.7% year-on-year decline.

The top five of EU countries importing oil from Azerbaijan in January-July were:

Italy: 4.53 million tons (-34.1%) worth 2.79 billion euros (-30.3%);

Czech Republic: 1.475 million tons (+34.5%) worth 923.121 million euros (+38.2%);

Portugal: 677,712 tons (+1.9 times) worth 422.79 million euros (+1.9 times);

Germany: 658,522 tons (+28.7%) worth 413.55 million euros (+37.9%);

Croatia: 606,881 tons (-5%) worth 382.651 million euros (+4.9%);

The top five buyers of Azerbaijani oil in July were:

Italy: 858,643 tons worth 534.35 million euros;

Czech Republic: 231,040 tons worth 139.626 million euros;

Germany: 148,902 tons worth 94 million euros;

Portugal: 137,970 tons worth 87.283 million euros;

Spain: (89,816 tons worth 57.808 million euros.

According to Eurostat, EU countries imported nearly 20.3 million tons of oil (+2.6%) from Azerbaijan valued at approximately 12.4 billion euros (-18%) in 2023.