Baku, Azerbaijan, Jan. 24
By Anvar Mammadov – Trend:
The import of Georgian goods by Azerbaijan decreased by 36.3 percent to $153.46 million in 2016, as compared to 2015, according to a report of Georgia’s National Statistics Office.
Azerbaijan’s share in the Georgian export was 7.3 percent during the period, as compared to 10.9 percent in 2015. Azerbaijan has been the leader regarding the goods import from Georgia for a long period. However, the situation changed after the introduction of a temporary ban on imports of cattle from Georgia in 2016, as well as due to a sharp decline in export of cars and other products.
According to the results of 2016, Azerbaijan ranked the fifth among countries importing Georgian products. The country was the leader for goods import from Georgia ($240.95 million) in 2015.
Trade turnover between Azerbaijan and Georgia amounted to almost $648.85 million in 2016, according to the report.
The specific weight of Azerbaijan’s trade turnover with Georgia is 5.4 percent of the total volume of Georgia’s foreign trade operations.