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Georgia increases wine exports to Azerbaijan

Business Materials 20 January 2021 15:25
Georgia increases wine exports to Azerbaijan

BAKU, Azerbaijan, Jan. 20

By Tamilla Mammadova – Trend:

Georgia exported 142.01 tons of grape wine to Azerbaijan in the amount of $585,280 in 2020, Trend reports referring to the report of the Georgian National Statistics Office (Geostat).

The value of exported products decreased by $229,370 or 28.1 percent in annual terms, the volume increased by 6.06 tons or 4.45 percent.

In 2019, Georgia exported 135.95 tons of grape wine to Azerbaijan in the amount of $814,650.

In 2020, the volume of trade between Georgia and Azerbaijan amounted to $934.4 million.

According to the document, Azerbaijan, with a share of 8.2 percent in Georgia's trade turnover, ranked fourth among Georgia's trade partners after Turkey, Russia and China last year.

Last year, Georgia's exports to Azerbaijan decreased by 13.2 percent and amounted to $441.2 million.

In the reporting year, the total value of products imported by Georgia from Azerbaijan amounted to $493.1 million, which is 11.7 percent less than in 2019.

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