Export of hazelnuts from Azerbaijan to Georgia down

Business Materials 25 January 2021 19:41 (UTC +04:00)
Export of hazelnuts from Azerbaijan to Georgia down

BAKU, Azerbaijan, Jan. 25

By Tamilla Mammadova – Trend:

The export of hazelnuts from Azerbaijan to Georgia decreased in 2020, Trend reports citing the Georgian National Statistics Office (Geostat).

According to Geostat, in 2020 Georgia imported 553 tons of hazelnuts from Azerbaijan worth $343,120.

Hazelnuts were imported from Azerbaijan to Georgia only in March, May and November last year.

Azerbaijan's imports of hazelnuts to Georgia decreased by 300.04 tons, or 6.4 times per year.

Meanwhile, hazelnut production in Georgia is increasing.

In the period from August 1 through December 27, 2020, 13,800 tons of hazelnuts were exported from Georgia in the amount of $70.7 million.

The volume of exports of hazelnuts during this period was 4,000 tons (41 percent) more than the volume of exports in the same period of 2019, while the value of exports increased by $21.5 million (44 percent).

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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