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Azerbaijani-Georgian trade turnover grows by 34%

Business Materials 25 September 2017 15:32 (UTC +04:00)

Baku, Azerbaijan, Sept. 25

By Anvar Mammadov – Trend:

Trade turnover between Azerbaijan and Georgia amounted to $487.81 million in January-August of 2017, increasing by 34.8 percent, as compared to the same period of 2016, says a report of Georgia’s National Statistics Service.

According to the report, Azerbaijan ranks fourth among Georgia’s foreign trade partners, with a specific weight of 7.4 percent. Meanwhile, Turkey (slightly over $1 billion or specific weight of 15.1 percent) ranks first for this indicator and is followed by Russia ($700.41 million or 10.6 percent) and China ($554.14 million or 8.4 percent).

Azerbaijan ranks fourth among importers of goods from Georgia. The goods delivery from Georgia to Azerbaijan had increased by 79.9 percent to $132.98 million in January-August of 2017. Azerbaijan’s share in the Georgian export operations went up from 5.6 to 7.9 percent.

Azerbaijan also ranks fourth among suppliers of goods to Georgia –$354.83 million (with a share of 7.2 percent as compared to 6 percent a year before). During the year, the export of Azerbaijani goods to Georgia has increased by 29.7 percent.

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