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Georgia increases imports of tea from Azerbaijan

Business Materials 21 January 2021 11:28 (UTC +04:00)
Georgia increases imports of tea from Azerbaijan

BAKU, Azerbaijan, Jan. 21

By Tamilla Mammadova – Trend:

Georgia imported 778.48 tons of tea from Azerbaijan in the amount of 4.81 million in 2020, Trend reports citing the Georgian National Statistics Office (Geostat).

The cost of tea imported from Azerbaijan in 2020 compared with the previous year increased by $262,160, or 5.75 percent, and the volume of production - by 43.17 tons, or 5.9 percent.

In 2019, Georgia imported 735.31 tons of tea from Azerbaijan in the amount of $4.55 million.

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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