14:55 - 21.08.2026

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August 21, Fineko/abc.az. In January-July of this year, Azerbaijan exported 360,299 tons of crude oil to Germany valued at $210.85 million. According to the State Customs Committee, export volumes fell by 45.5% and total value dropped by 40.9% compared to the same period in 2025.

Germany accounted for 2.8% of Azerbaijan's total crude oil exports during the reporting period. Overall, Azerbaijan exported over 12.7 million tons of crude oil and bituminous petroleum products worth $8.03 billion in the first seven months. The country's total foreign trade turnover reached $29.2 billion, with exports totaling $19.3 billion and imports standing at $9.8 billion.