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Exports of medicines from Georgia to Azerbaijan up

Business Materials 22 February 2021 22:45 (UTC +04:00)
Exports of medicines from Georgia to Azerbaijan up

BAKU, Azerbaijan, Feb.22

By Tamilla Mammadova – Trend:

Georgia sold 36.51 tons of medicines for export to Azerbaijan In January of 2021, Trend reports via the National Statistics Office (Geostat).

As reported, the value of the goods amounted to $977,890.

Compared to the same period last year, exports of medicines from Georgia to Azerbaijan increased by 12.71 tons or 53.4 percent.

In January of this year, Georgia's trade with Azerbaijan amounted to $86.154 million.

Last month, Azerbaijan, with a share of 11.3 percent in Georgia's total trade turnover, ranked third among the trading partners of the neighboring country after China and Turkey.

Compared to the same period last year, a decrease in trade turnover between Azerbaijan and Georgia by 16 percent was recorded.

The value of Georgia's exports to Azerbaijan over the past year decreased by 24.4 percent and amounted to $34.404 million, and imports from Azerbaijan - by 11.2 percent, amounting to $51.75 million.

Azerbaijan ranks first among the main export partners of the neighboring country, with a share of 15.3 percent in Georgia's total exports. Azerbaijan has a share of 9.6 percent in Georgia's total imports and ranks fourth after China, Turkey and Russia.

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