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Free AccessEU Imports of Oil from Azerbaijan in Jan-Nov 2023 up 4.8%
EU imports of oil from Azerbaijan in the first 11 months of 2023 rose by 4.8% compared with the same period in 2022, according to Interfax Azerbaijan citing Eurostat data.
- EU members imported 18.7m mt of oil from Azerbaijan in the first 11 months of 2023.
- The largest importer was Italy, taking 10.4m mt, up 24.9% on the year. This was followed by the Czech Republic with 1.8m mt, up 14.5%.
- November imports were 1.3m mt, up 31.5% year-on-year. Italy also received the highest imports at 0.518m mt, down 10.9% on the year.
- For whole year 2022, the EU imported 19.8m mt of oil from Azerbaijan.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.