According to data from the State Customs Committee of Azerbaijan, analyzed by StatSpotlight.com, the export of crude oil (HS Code: 270900) in October 2024 amounted to 3.0 M MT.

The export increased by 1.8 M MT (2.6 times) compared to the previous month.

In comparison to October 2023, the export of crude oil showed a year-on-year increase of 570.6 K MT (+23.8%).

The export dropped by 205.5 K MT (-6.5%) compared to the same month two years ago (October 2022).

YTD, the export of crude oil totaled 20.6 M MT, which is 1.7 M MT (-7.6%) less than last year's figure.

Azerbaijan: Exports of crude oil for January-October 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	11098802	12818607	12915623
Jul	14696092	15540324	16414905
Aug	16475803	18506042	17983700
Sep	17608860	19876255	19514163
Oct	20571969	22268796	22682798
Nov		24199456	24318449
Dec		26047290	26024202

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

Country	Value
Italy	9303629
Czech Republic	1433821
Croatia	1374573
Israel	1173003
India	1168876
Portugal	1005214
Germany	875565
United Kingdom	650115
Romania	585667
Tunisia	443921
Thailand	376876
Turkey	354381
Indonesia	277047
Spain	250396
Serbia	241180
Greece	228237
Ireland	174284
Netherlands	168986
Uruguay	138720
Poland	90151
France	89713
Austria	85869
Bulgaria	80853
Uzbekistan	893

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