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Georgia cuts export of cigarettes and tobacco products to Azerbaijan

Business Materials 23 December 2019 18:04 (UTC +04:00)

BAKU, Azerbaijan, December 23

By Tamilla Mammadova – Trend:

Azerbaijan imported 1.7 million boxes (1,000 packs in each) of cigarettes and tobacco products from Georgia with a total value of $31.2 million from January through November this year, Trend reports referring to Georgian National Statistical Office (Geostat).

In annual comparison, the volume of cigarettes and tobacco products imported by Azerbaijan from Georgia decreased by 67.8 percent, in monetary terms - by 65.1 percent.

The trade turnover of Georgia with Azerbaijan from January through November of this year amounted to $932.7 million, which is 1.7 percent less compared to the same period last year.

In the structure of commodity circulation, $444.6 million fell on exports to Azerbaijan, $488.1 million - on imports from Azerbaijan.

In the reporting period, exports from Georgia to Azerbaijan grew by 2.2 percent, while the imports from Azerbaijan fell by 4.9 percent compared to the same period last year.

The external merchandise trade of Georgia amounted to $11.5 billion from January through November 2019, 1.4 percent higher year-on-year.

The exports equaled $3.4 billion (11.7 percent higher), while the imports stood at $8.1 billion (2.3 percent lower).

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