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Exports of carbon steel bars from Azerbaijan to Georgia down

Business Materials 24 July 2020 08:51
Exports of carbon steel bars from Azerbaijan to Georgia down

BAKU, Azerbaijan, July 24

By Tamilla Mammadova – Trend:

The volume of exports of carbon steel bars from Azerbaijan to Georgia dropped by 19.4 percent from January through June 2020 compared to the same period last year, Trend reports referring to Georgian National Statistics Office (Geostat).

In the first half of 2020, 12,248 tons of steel bars were exported from Azerbaijan to Georgia worth $5.49 million.

In January- through June 2019, Azerbaijan exported 14,614.2 tonnes of steel bars to Georgia of $6.81 million.

Azerbaijan ranked tenth among top 10 most significant export partners of Georgia in 1H2020.

In January through June 2020, Georgia exported products worth $32.3 million to Azerbaijan, which is 3 percent of the total export rate. The export rate has dropped by 22.4 percent compared with 2019.

In January-June 2019, Georgia exported goods of $41.7 million to Azerbaijan, equaling 3.8 percent of total exports.

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