BAKU, Azerbaijan, March 20. Azerbaijan exported
103,600 tons of crude oil and petroleum products derived from
bituminous rocks, as well as products containing 70% or more by
weight of crude oil or petroleum products, worth $75.4 million from
January through February 2026.
The data obtained by Trend from the country’s State Customs Committee
indicates that compared to the same period last year, this
represents an increase of $13.1 million, or 25.8%, in value terms,
and a decrease of 7,900 tons, or 7.1%, in physical terms.
Over this period, the share of the aforementioned products in
the country’s total exports amounted to 12.06%.
Azerbaijan conducted trade operations with foreign countries
totaling $6.2 billion from January through February of this year.
This figure is $2.64 billion, or 29.6%, lower than the same period
last year.
Of the total foreign trade volume, exports amounted to $3.6
billion, while imports amounted to $2.5 billion. Over the past
year, exports decreased by $1.1 billion, or 23%, and imports
decreased by $1.53 million, or 37.2%.
Consequently, this resulted in a surplus of $933.6 million,
which is $52.4 million, or 5.3%, less than last year.
