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Azerbaijan reduces import of Georgian goods

Business Materials 22 January 2016 17:17 (UTC +04:00)

Baku, Azerbaijan, Jan. 22
By Anvar Mammadov - Trend:

Azerbaijan reduced the import of goods from Georgia by 2.26 times in 2015, compared to 2014, the Georgian National Statistics Service's foreign trade report as of 2015 said.

Georgia exported $240.43 million worth goods to Azerbaijan in 2015, or 10.9 percent of the total volume of Georgia's export, said the report.

Azerbaijan imported $544.50 million worth Georgian goods in 2014.

Georgia mainly exports cars, medicine, cattle, steel reinforcement and other goods to Azerbaijan.

Azerbaijan is in the lead for the volume of imported goods from Georgia.

Bulgaria ranks second in the volume of import of Georgian goods - $214.25 million or 9.7 percent of the total volume of Georgia's export during the reporting period.

Turkey ranks third - $186.01 million worth Georgian products (8.4 percent of the total volume of export) have been exported to the country since early 2015, according to the report.

The trade turnover between the two countries totaled $783.32 million in 2015 (7.9 percent of total foreign trade operations of Georgia), which is 33.73 percent less than in 2014.

For comparison: the trade turnover between the two countries reached $1.18 billion in 2014.

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