Azerbaijan decreases import of goods from Georgia
Baku, Azerbaijan, Oct. 24
By Azad Hasanli – Trend:
Azerbaijan reduced import of goods from Georgia twofold up to $93.97 million in January-September 2016, Georgia’s National Statistics Office said in a report.
The report says that Azerbaijan’s share in export of Georgian goods amounted to 6.2 percent (12.1 percent in January-September 2015).
Azerbaijan was the leader in import of goods from Georgia for a long period. However, the situation changed after the introduction of a temporary ban on imports of cattle from Georgia in 2016, as well as due to a sharp decline in exports of cars and other products.
Azerbaijan ranked sixth on this index as of January-September.
For comparison, Azerbaijan was the leader in import of goods from Georgia ($199.66 million) as of January-September 2015.
Georgia mainly exports pipes, iron alloys, etc. to Azerbaijan.
Turkey takes the lion’s share – $142.6 million with a specific weight of 9.4 percent – in export of Georgian goods. China with almost $138.9 million (9.2 percent) and Russia - $132.1 million (8.7 percent) are following Turkey.
Trade turnover between Azerbaijan and Georgia amounted to $415.1 million in January-September 2016, according to the report.
The specific weight of Azerbaijan’s trade turnover with Georgia is 4.6 percent of the total volume of Georgia’s foreign trade operations.