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Azerbaijan doubles import of cars from Georgia

Business Materials 30 November 2019 12:28 (UTC +04:00)
Azerbaijan doubles import of cars from Georgia

BAKU, Azerbaijan, November 30

By Tamilla Mammadova – Trend:

Azerbaijan imported 17,504 units of vehicles from Georgia worth $187.9 million from January through October 2019, Trend reports with reference to the Georgian National Statistics Office (Geostat).

The number of imported cars was 9,549 units or 2.2 times more compared to the same period last year.

According to the results of first ten months of the current year, trade turnover between Georgia and Azerbaijan amounted to $827.8 million.

At the same time, Georgia imported Azerbaijani products worth $ 427.4 million. Compared with the corresponding period last year, the volume of imports of Azerbaijani products to Georgia decreased by 5.8 percent. But, despite this, Azerbaijan’s share in the total imports of the neighboring country amounted to 5.8 percent, which made it the fourth main importer of Georgian products after Turkey, Russia and China.

At the same time, Georgian exports to Azerbaijan increased. For ten months, Georgia exported goods worth $400.3 million to Azerbaijan. In annual comparison, the export of the neighboring country to Azerbaijan grew by 4.1 percent. And the share of Azerbaijan in the total export of Georgia amounted to 13.2 percent.

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