Azerbaijan increases export to Georgia

Baku, Azerbaijan, Feb. 19

By Anvar Mammadov – Trend:

Azerbaijan exported goods worth $70.84 million to Georgia in January 2018, which is 10.4 percent more than in the same period last year, the National Statistics Office of Georgia said in a report.

According to the report, Azerbaijan ranked second among the main exporters to Georgia with a specific weight of 11.9 percent (12.8 percent in January 2017).

Azerbaijan mainly exported oil and oil products, natural gas, electricity, spare parts and railcars to Georgia.

Turkey ($83.97 million, with a specific weight of 14.1 percent) ranked first among exporters of goods to Georgia. Russia ranked third with $65.4 million (11 percent).

This is while the goods delivery from Georgia to Azerbaijan increased by 2,2 times to $20.22 million in January 2018 compared to the same period last year.

Azerbaijan’s share in the Georgian export operations amounted to 9.1 percent (5.3 percent in January 2017). Azerbaijan ranked third among importers of goods from Georgia.

Azerbaijan mainly imported pharmaceutical products, tobacco products, cars, cattle, as well as products of iron and non-alloy steel, from Georgia.

Russia ($28.67 million or specific weight of 12.9 percent) ranked first among importers of goods from Georgia, while Turkey ($28.06 million or 12.06 percent) ranked second.

Georgia’s trade turnover with Azerbaijan amounted to $91.06 million in January 2018. The specific weight of trade turnover between Azerbaijan and Georgia accounts for 11.2 percent of the total volume of foreign trade operations of the country.

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