Exports In 2021, Azerbaijan exported $641M in Refined Petroleum, making it the 63rd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Azerbaijan. The main destination of Refined Petroleum exports from Azerbaijan are: Georgia ($124M), Turkey ($116M), Tunisia ($71.2M), Gibraltar ($59.6M), and Italy ($40.5M).
The fastest growing export markets for Refined Petroleum of Azerbaijan between 2020 and 2021 were Tunisia ($71.2M), Georgia ($67.6M), and Gibraltar ($56.3M).
Imports In 2021, Azerbaijan imported $260M in Refined Petroleum, becoming the 145th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 5th most imported product in Azerbaijan. Azerbaijan imports Refined Petroleum primarily from: Russia ($65.8M), Romania ($37.5M), Turkey ($31.8M), Kazakhstan ($26.3M), and China ($20.2M).
The fastest growing import markets in Refined Petroleum for Azerbaijan between 2020 and 2021 were Romania ($24.5M), Russia ($18.6M), and Turkey ($15M).
Tariffs In 2019, the average tariff for Azerbaijan in Refined Petroleum was 12.8%. The countries with the highest import tariffs for Refined Petroleum were Angola (Most Favoured Nation duty rate treatment, 13.4%), Burundi (Most Favoured Nation duty rate treatment, 13.4%), Benin (Most Favoured Nation duty rate treatment, 13.4%), Burkina Faso (Most Favoured Nation duty rate treatment, 13.4%), and Botswana (Most Favoured Nation duty rate treatment, 13.4%).