Almost 20% of Georgia’s export accounts for Azerbaijan
Baku, Azerbaijan, Nov. 24
By Azad Hasanli - Trend:
Around 19.5 percent of Georgia's exports accounted for Azerbaijan in January-October 2014, the Georgian National Statistics Service's foreign trade report as of the first ten months of 2014 says.
The goods worth $473.78 million were exported from Georgia to Azerbaijan in January-October, the report says.
The goods exported to Azerbaijan decreased by 18.6 percent compared to the same period of 2013. Georgian goods worth $582.06 million were exported to Azerbaijan in January-October 2013.
Georgia mainly exports cars, cattle, medicines, cement, steel bars and other goods to Azerbaijan.
Armenia ranks second place on this index. Georgian products in the amount of $248.54 million (10.2 percent of a total export volume) have been exported to this country since early 2013, a report says.
Russia ranks third on an export volume of Georgian goods. The goods were exported in the amount of $234.53 million or 9.7 percent of Georgia's total export volume in January-October 2014.
The trade turnover between Georgia and Azerbaijan amounted to $983.1 million (10.5 percent of Georgia's total foreign trade) in January-October 2014, which is 7.54 percent less than in the same period of 2013. For comparison, the trade turnover between the two countries amounted to $1.063 billion in January-October 2013.
for any questions or feedback follow the author on: @AzadHasanli