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Georgia increases construction material imports from Azerbaijan by quarter

Business Materials 25 November 2014 17:33 (UTC +04:00)

Baku, Azerbaijan, Nov. 25

By Azad Hasanli - Trend:

Georgia increased the import volume of Azerbaijan's construction materials by 24.07 percent during a year, the Georgian National Statistics Service's report as of January-October says.

Around 123,300 metric tons of construction gypsum and other anhydrite totaling $21.134 million were imported from Azerbaijan to Georgia during this period or by 17.32 percent more than in the same period of last year. For comparison, around 99,377 metric tons of building materials in the amount of $18.02 million were imported to Georgia in January-October 2013.

Around 195,700 metric tons of cement in the amount of $14.359 million were exported to Azerbaijan in January-October 2014. Around 379,090 metric tons of cement products in the amount of $27.968 million were exported from Georgia to Azerbaijan in the same period of last year.

Around 82,330 metric tons of iron rods in the amount of $50.98 million were exported from Georgia to Azerbaijan during this period. Around 53,740 metric tons of iron rods in the amount of $33.65 million were exported to Azerbaijan in the same period of last year.

The share of construction materials in Azerbaijan's total export volume to Georgia for the period amounted to 4.15 percent.

Georgia imported goods worth $509.36 million from Azerbaijan in January-October 2014.
According to the report, the volume of imports from Azerbaijan to Georgia increased by 3.9 percent. For comparison, Georgia imported Azerbaijani goods worth $490.27 million in January-October 2013.

Azerbaijan ranks third in the list of the countries from which Georgia imports products. The share of Azerbaijan's exports in a total volume of goods imported into Georgia is 7.3 percent.

Georgian imports most of goods from Turkey. The volume of Georgia's imports from Turkey totaled $1.4 billion in January-October 2014 or 20 percent of a total import volume. China ranks second with $612.3 million and a specific weight of 8.7 percent of Georgia's total import volume.

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