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Azerbaijan reduces import of cigarettes from Georgia

Business Materials 29 October 2020 16:37 (UTC +04:00)
Azerbaijan reduces import of cigarettes from Georgia

BAKU, Azerbaijan, October 29

By Tamilla Mammadova – Trend:

Azerbaijan imported 513,914 boxes (each box contains 1,000 units) of cigarettes and tobacco products from Georgia with a total value of $12.4 million from January through September of this year, Trend reports via the National Statistics Office of Georgia (Geostat).

In annual comparison, the volume of cigarettes and tobacco products imported by Azerbaijan from Georgia decreased by 2.8 times or 65 percent.

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 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-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 United States.

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