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Azerbaijan reduces import of trucks and tractors from Georgia

Business Materials 20 November 2020 05:01 (UTC +04:00)
Azerbaijan reduces import of trucks and tractors from Georgia

BAKU, Azerbaijan, Nov. 20

By Tamilla Mammadova – Trend:

Azerbaijan imported from Georgia 1,195 trucks worth $7.8 million from Georgia to Azerbaijan from January through October 2020, which is 27 units less than a year earlier, Trend reports citing the Georgian National Statistics Office (Geostat).

For 10 months, Azerbaijan imported 53 tractors from Georgia with a total value of $761,350, which is 2.8 times less than a year earlier.

The trade turnover between Georgia and Azerbaijan amounted to $746.3 million from January through October 2020. This is 9.8 percent less than in the same period last year.

In ten months, Azerbaijan, with a share of 8.1 percent in Georgia's trade turnover, took 4th place among Georgia's trade partners after Turkey, Russia, and China.

In the reporting period, the total value of Georgia's imports from Azerbaijan amounted to $381.7 million. According to the document, this is 10.5 percent less than in the same period last year. For 10 months, Azerbaijan, with a share of 5.9 percent in Georgia's total imports, became the 5th among the main import partners of Georgia after Turkey, Russia, China, and the United States.

From January through October 2020, the total value of products exported from Georgia to Azerbaijan amounted to $364.6 million. This is 10.5 percent less than in the same period last year. In ten months, Azerbaijan (share of 13.4 percent) became the second major export partner of Georgia after China.

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