Georgia reduces exports to Azerbaijan
BAKU, Azerbaijan, Sept. 21
By Tamilla Mammadova – Trend:
Georgia exported products to Azerbaijan in the amount of $84.2 million from January through August this year, Trend reports referring to the National Statistics Office of Georgia (Geostat).
Compared to last year, exports decreased by 11.9 percent.
For 8 months Azerbaijan with a share of 13.7 percent has become Georgia's second main export partner after China.
In January-August of this year, Georgia imported products worth $309.5 million from Azerbaijan. Compared to last year, Georgia's imports from Azerbaijan decreased by 15.7 percent.
The share of Azerbaijan in total imports of Georgia amounted to 6.3 percent. Azerbaijan has become the fifth main import partner of the neighboring country after Turkey, Russia, China, and the United States.
In January-August of this year, the volume of trade turnover between Georgia and Azerbaijan amounted to $594 million. Compared to last year, the volume of trade turnover between Georgia and Azerbaijan decreased by 13 percent.
The share of Azerbaijan in the total trade turnover of Georgia amounted to 8.5 percent. This means the fourth place among the trading partners of the neighboring country after Turkey, Russia, and China.
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