Azerbaijan's Oil Export Revenue Surges Past $8 Billion Despite Lower Volumes

11:36 - 17.08.2026


August 17, Fineko/abc.az. In the first seven months of 2026 (January–July), Azerbaijan exported 12,722.6 thousand tonnes of crude oil and crude oil products obtained from bituminous minerals.

According to the State Customs Committee, this represents a 12.1% decrease compared to the same period of last year.

Despite the reduction in volume, the value of oil exports rose by 4.9% year-on-year, reaching $8.0329 billion.