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Azerbaijani-Georgian trade turnover exceeds $319 million since early 2014

Business Materials 28 April 2014 17:53 (UTC +04:00)

Baku, Azerbaijan, April 28

By Emin Aliyev - Trend:

The trade turnover between Georgia and Azerbaijan stood at $319.75 million as of the first quarter of 2014, according to the foreign trade report of GruzStat (National Statistical Service of Georgia).

Thus, Azerbaijan remains the second largest foreign trade partner of Georgia.

The volume of foreign trade operations between the two countries has increased by 7.7 percent in a year. By comparison, the trade turnover between Azerbaijan and Georgia was slightly more than $296.9 million in the first quarter of 2013.

Turkey is the largest trade partner of Georgia (the trade turnover between the two countries is $368.4 million), while Russia ranks third in this list ($190.3 million).

Georgia's foreign trade turnover amounted to around $2.52 billion in Jan.-March 2014, or 18 percent more than in the same period of 2013.

Translated by L.Z.

Edited by C.N.

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