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Georgia reduces imports of electricity from Azerbaijan

Oil&Gas Materials 24 September 2020 12:54 (UTC +04:00)
Georgia reduces imports of electricity from Azerbaijan

BAKU, Azerbaijan, Sept.23

By Tamilla Mammadova – Trend:

Georgia supplied electricity from Azerbaijan in the amount of $23.4 million from January through August of this year, Trend reports via the National Statistics Office of Georgia (Geostat).

The cost of electricity exported by Azerbaijan to Georgia decreased by 38 percent compared to last year.

Georgia exported products to Azerbaijan in the amount of $84.2 million from January through August this year. In January-August of this year, Georgia imported products worth $309.5 million from Azerbaijan.

In January-August of this year, the volume of trade turnover between Georgia and Azerbaijan amounted to $594 million. Compared to last year, the volume of trade turnover between Georgia and Azerbaijan decreased by 13 percent.

The share of Azerbaijan in the total trade turnover of Georgia amounted to 8.5 percent. This means the fourth place among the trading partners of the neighboring country after Turkey, Russia, and China.

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