Azerbaijan reduces car import from Georgia by 28 times
Baku, Azerbaijan, Feb. 19
By Azad Hasanli - Trend:
Some 24 cars were exported from Georgia to Azerbaijan in January 2016 or 28 times less than in the same period of 2015, the Georgian National Statistics Service said in its report.
The cars worth $577,200 were exported from Georgia to Azerbaijan during this period, the report said.
The car export from Georgia to Azerbaijan decreased by 23.7 times in terms of value and 647 in terms of quantity compared to the same period of 2015.
For comparison, some 671 cars worth $13.7 million were exported from Georgia to Azerbaijan in January 2015.
The share of this category of goods in a total volume of Georgian export in Azerbaijan hit 15 percent in January.
Azerbaijan's share in the total export of this category of goods from Georgia equaled 0.5 percent.
The decline in the volume of car exports to the country is the result of Azerbaijan's transition to Euro-4 ecological standard, the use of which began from April 1, 2014. The adoption of Euro-4 standard significantly restricts the import of used cars, which account for the major part of vehicles exported from Georgia to Azerbaijan.
The cars are supplied to Georgia from abroad.
Azerbaijan reduced the import of goods from Georgia by 7.5 times up to $3.8 million in January 2016 compared to the same period of 2015. Azerbaijan's share in the total volume of goods exported from Georgia is three percent.