Azerbaijan’s Crude Oil Exports to Türkiye Up by 1.5 Times
In January 2025, Azerbaijan saw a significant increase in its crude oil exports to Turkey. According to the State Customs Committee, Azerbaijan exported a total of 8,641 tons of crude oil to Turkey, valued at over $4.228 million. This represents a 1.6-fold increase in volume and a 1.5-fold growth in value compared to the previous year.
The strong growth in crude oil exports is a positive sign for Azerbaijan’s economy, as the country continues to benefit from its abundant oil resources. Turkey, as a key trading partner, plays an important role in supporting Azerbaijan’s oil industry.
The increase in exports is also a reflection of the ongoing cooperation between Azerbaijan and Turkey in the energy sector. The two countries have strengthened their ties in recent years, with various joint projects aimed at further developing their energy partnership.
Overall, the growth in crude oil exports to Turkey in January 2025 is a testament to Azerbaijan’s strong position in the global oil market and bodes well for the country’s economic prospects in the coming years.
