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Georgian Caucasus Auto Import adds new export markets

Business Materials 22 October 2020 15:21 (UTC +04:00)

BAKU, Azerbaijan, October 22

By Tamilla Mammadova – Trend:

Aleksandre Vekua, Head of Sales Department of Caucasus Auto Import said that new export markets are added including Iraq, Kyrgyzstan, Moldova, and Tajikistan, Trend reports via Georgian media.

Vekua noted that the company did not have many expectations in the direction of re-export but the realty showed other results.

Vekua declares, that despite the auto re-export reduction amid the pandemic, new export markets have emerged, where demand for cars is grown.

He also notes that sales are sustained on the traditional export markets, including Azerbaijan and Ukraine.

"Expectations for re-exports were far more pessimistic than reality, but it seems that the market had quickly shifted to remote work. The decline in the re-export rate is not big. In addition, new export markets emerged, including Iraq, Kyrgyzstan, Moldova, Tajikistan. Georgia still retains the function of a hub, the country has for a decade in terms of automobile sales," said Vekua.

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