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Azerbaijan significantly reduces goods import from Georgia

Business Materials 20 May 2016 10:24 (UTC +04:00)

Baku, Azerbaijan, May 20

By Azad Hasanli - Trend:

Azerbaijan reduced goods import from Georgia to $26 million or by 3.4 times in January-April 2016, as compared to the same period of 2015, says the report of Georgia's National Statistics Office.

The report says that Azerbaijan's share in the Georgian export is 4.3 percent.

Azerbaijan was a leader for the goods import from Georgia for a long time. The country ranked the 7th on this indicator, according to the results of four months of 2016.

In 2015, Azerbaijan imported goods worth $240.4 million from Georgia. Meanwhile, Georgia exported to Azerbaijan goods worth $88.57 million in January-April 2015.

The report says also that the trade turnover between Georgia and Azerbaijan totaled almost $190 million (decrease by 34.4 percent for the year) in January-April 2016.

Specific weight of Azerbaijan's trade turnover with Georgia is 5.8 percent of the total volume of Georgia's foreign trade operations.

Edited by SI

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