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Georgia decreases construction material imports from Azerbaijan twofold

Business Materials 24 April 2015 16:30 (UTC +04:00)

Baku, Azerbaijan, Apr. 24

By Azad Hasanli - Trend:

Georgia decreased the import volume of Azerbaijan's construction materials by two times during the year, the Georgian National Statistics Service's report as of January-March 2015 says.

Around 16,100 metric tons of construction gypsum and other anhydrite totaling $2.35 million were imported from Azerbaijan to Georgia during this period.

In quantitative terms, the volume of imports of construction materials from Azerbaijan reduced by 1.5 times compared to the same period of 2014.

For comparison, around 25,350 metric tons of construction materials in the amount of $4.35 million were imported to Georgia in January-March 2014.

Around 8,250 metric tons of steel reinforcement in the amount of $4.77 million were exported from Georgia to Azerbaijan during this period. Around 24,860 metric tons of steel reinforcement in the amount of $15.5 million were exported to Azerbaijan in the same period of 2014.

The share of construction materials in Azerbaijan's total export volume to Georgia for the period amounted to 7.5 percent.

According to the report, Georgia imported goods worth $150.7 million from Azerbaijan in January-March 2015.

The volume of imports of Azerbaijani goods to Georgia decreased by 16.6 percent compared to January-March 2014.

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 in Georgia is 8.5 percent.

Georgian imports most of goods from Turkey. The volume of Georgia's imports from Turkey totaled $320.22 million in January-March 2015. China ranks second with $167.99 million (9.5 percent).

Georgia mainly imports gas, oil products, building materials, electric power and other products from Azerbaijan.

Edited by CN

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Follow the author on Twitter: @AzadHasanli

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