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Azerbaijan maintains leading position on Georgian export market

Business Materials 25 August 2014 17:45 (UTC +04:00)

Baku, Azerbaijan, Aug. 25

By Zulfiyya Gurbanova - Trend:

Around 20.3 percent of Georgia's exports accounted for Azerbaijan in January-July 2014, the Georgian National Statistics Service's report on foreign trade as of January-July 2014.

The goods worth $ 337.63 million were exported from Georgia to Azerbaijan in January-July, according to the report.

The exports to Azerbaijan decreased by 14.9 percent compared to the same period of 2013. For comparison: Georgian goods worth $396.55 million were exported to Azerbaijan in January-July 2013.

Cars, cattle, medicines, cement, reinforcing steel and other goods are mainly exported from Georgia to Azerbaijan.

Armenia ranks second on this index. Georgian products worth $179.02 million (10.8 percent of a total export volume) have been exported to this country since early 2014, according to the report.

Russia ranks third in an export volume of Georgian goods - $160.99 million or 9.7 percent of the Georgia's total export volume in January-July 2014.

The trade turnover between Georgia and Azerbaijan amounted to $684.9 million (10.6 percent of a total volume of Georgia's foreign trade operations) in January-July 2014, which is 5 percent less than in the same period of last year. For comparison: the trade turnover between the two countries amounted to $721.2 million in January-July 2013.

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