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Azerbaijan cuts import of goods from Georgia

Business Materials 20 April 2016 16:37 (UTC +04:00)

Baku, Azerbaijan, April 20
By Azad Hasanli - Trend:

Azerbaijan reduced import of goods from Georgia by 3.6 times - up to $17.8 million in January-March 2016 compared to January-March 2015, said a report of Georgia's National Statistics Service.

Azerbaijan's specific weight in a total volume of products exported from Georgia is four percent, according to the report.

Azerbaijan has been among the leaders of import of goods from Georgia for a long time.

However, Azerbaijan ranked eighth by this index in January-March due to a temporary ban on imports of cattle from Georgia, as well as a sharp reduction in exports of cars and other products.

Azerbaijan imported goods worth $240.4 million from Georgia in 2015 and ranked first by this index. Azerbaijan imported Georgian goods worth $45.92 million in Jan.-Feb. 2015.

Georgia mainly exports pipes, cars and other iron alloys to Azerbaijan.

The trade turnover between Georgia and Azerbaijan was $160 million (a 25.3 percent decrease for the year) in January-March 2016, said the report.

The specific weight of Azerbaijan's trade turnover with Georgia is 7.5 percent of the total volume of this country's foreign trade operations.

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