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Azerbaijan Fourth in Main Trade Partners of Georgia

Business Materials 11 July 2007 15:53 (UTC +04:00)

Georgia, Tbilisi / Trend corr. N.Kirtskhalia / Azerbaijan remains one of the main trade partners of Georgia. The National Bank of Georgia reported that Azerbaijan was fourth in the trade turnover of Georgia from January-May 2007.

From January-May the turnover between Georgia and Azerbaijan made up $183.6mln. With Turkey - $316,3mln, Russia - $284,2mln and the Ukraine - $219,6mln which leads over Azerbaijan.

The foreign turnover of Georgia for this period made up $1,290,000,000 which is 38.9% more compared to 2006.

Export made up $437,8mln, import - $1,852,001. The negative trade balance of Georgia made up $1,414,003 which is $538.7mln more compared to January-May 2006.

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