...

Georgia increases oil import from Azerbaijan

Business Materials 29 October 2020 16:33 (UTC +04:00)
Georgia increases oil import from Azerbaijan

BAKU, Azerbaijan, October 29

By Tamilla Mammadova – Trend:

Georgia imported from Azerbaijan 160,100 tons of oil and oil products worth $48.6 million from January through September of this year, Trend reports via the National Statistics Office of Georgia (Geostat).

According to the report, this is 30.3 percent more than in the same period last year.

During the reporting period, Georgia also supplied 1.15 billion cubic meters of natural gas from Azerbaijan. This is 4.7 percent less than a year earlier.

From January through September of this year, Georgia's trade with Azerbaijan amounted to $670 million.

Azerbaijan with a share of 8.3 percent took the 4th place among the trade partners of Georgia after Turkey, Russia and China.

Compared to the same period last year, the volume of trade between Georgia and Azerbaijan decreased by 11 percent.

In January through September of this year, Georgia purchased products from Azerbaijan for a total of $342.1 million. Compared to last year, imports from Azerbaijan decreased by 14.3 percent.

During the reporting period, Azerbaijan, with a share of 6 percent, became Georgia's fifth main import partner after Turkey, Russia, China and the US.

---

Follow the author on Twitter: @Mila61979356

Tags:
Latest

Latest