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President Ilham Aliyev: Crude oil accounts for main part of Azerbaijan's exports to Germany

President Ilham Aliyev: Crude oil accounts for main part of Azerbaijan's exports to Germany
21 July 2026 20:18   22 Jul 2026 10:37 Share

“Last year, our trade turnover with Germany stood at approximately $1.5 billion. Crude oil accounts for the main part of our exports,” said President Ilham Aliyev during a joint press conference with Federal Chancellor of Germany Friedrich Merz, according to AZERTAC.

"Azerbaijan is capable of supplying oil in the required volumes. This can be carried out both through domestic sources and through the trading arm of our energy company, SOCAR. In other words, there are no issues here," President Ilham Aliyev emphasized.



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