12:48 - 20.02.2026

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February 20, Fineko/abc.az. Azerbaijan exported 93,590 tons of oil for $44.3 million to Portugal in January 2026.

ABC.AZ informs with reference to the State Customs Committee that the volume of exports decreased by 122,400 tons (1.7-fold), and the cost by $64.7 million (1.5-fold).

In January 2025, Azerbaijan exported 216,000 tons of oil for $109.1 million to Portugal.

By the end of January this year, the average cost of 1 ton of oil exported to Portugal reached 805 manats (54 manats, or 6.3% less versus January 2025 - 859 manats).

Portugal ranked 3rd in the list of crude oil exporting countries in 2026 and 5th in 2025.