According to data from the State Customs Committee of Azerbaijan, analyzed by StatSpotlight.com, the export of crude oil (HS Code: 270900) in January 2024 amounted to 1.5 M MT.

Compared to the previous month, the export dropped by 386.4 K MT (-20.9%).

Year-on-year, the export of crude oil dropped by 784.7 K MT (-34.9%) compared to January 2023.

In comparison to the same month two years ago (January 2022), the export showed a decrease of 1.7 M MT (2.2 times).

Azerbaijan: Exports of crude oil for January 2024, MT

Month/Year	2024	2023	2022
Jan	1461385	2246119	3168754
Feb		5175061	4392781
Mar		6809686	5295969
Apr		9235906	8889614
May		11752576	10791977
Jun		12818607	12323915
Jul		15540324	15823024
Aug		18506042	17391819
Sep		19876255	18922200
Oct		22268796	22090835
Nov		24199456	23726486
Dec		26047290	25432238

Azerbaijan: Exports of crude oil for January 2024 by country, MT

Country	Value
Israel	523554
Thailand	189176
Italy	179237
Portugal	138692
India	131887
Tunisia	130228
Indonesia	86722
Spain	76535
Turkey	5355

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