Azerbaijan exports oil worth $ 1 bn

In January 2015, Azerbaijan exported crude oil worth $ 1.65 bn, News.Az reports with reference to the State Customs Committee.

According to the Committee, it is less compared to the same period in 2014 by 34.2% or $ 552.67 mln.

So, crude oil worth AZN 1.618 bn (more precisely AZN 1,618,066,020) was exported in January 2014.

Azerbaijan's exports in 2015 amounted to $ 1,277,814,036, 83.4% of which was provided at the expense of crude oil.

Experts consider lower oil prices a major factor in reducing export.