According to data from the State Customs Committee of Azerbaijan, analyzed by StatSpotlight.com, the export of crude oil (HS Code: 270900) in May 2024 amounted to 2.9 M MT.

Compared to the previous month, the export increased by 1.6 M MT (2.2 times).

Year-on-year, the export of crude oil rose by 424.5 K MT (+16.9%) compared to May 2023.

Relative to the same month two years ago (May 2022), the export rose by 1.0 M MT (+54.6%).

The export of crude oil YTD amounted to 9.9 M MT, falling by 1.9 M MT (-16.0%) compared to the previous year.

Azerbaijan: Exports of crude oil for January-May 2024 (cumulative total), MT

Month/Year	2024	2023	2022
Jan	1462278	2246119	3505552
Feb	4595490	5175061	4900370
Mar	5600506	6809686	5887524
Apr	6928456	9235906	9481169
May	9869672	11752576	11383685
Jun		12818607	12915623
Jul		15540324	16414905
Aug		18506042	17983700
Sep		19876255	19514163
Oct		22268796	22682798
Nov		24199456	24318449
Dec		26047290	26024202

Azerbaijan: Exports of crude oil for January-May 2024 (cumulative total) by country, MT

Country	Value
Italy	3947344
Israel	1444918
India	891896
Czech Republic	535293
Germany	440732
Croatia	418511
Portugal	349834
Romania	344419
Thailand	327014
Tunisia	256640
Greece	228237
Turkey	165886
Poland	90151
Netherlands	89955
France	89713
Indonesia	86722
Spain	76535
United Kingdom	53423
Serbia	31559
Uzbekistan	893

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