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Georgia shares data on oil imports from Azerbaijan

Oil&Gas Materials 19 August 2021 17:01 (UTC +04:00)

BAKU, Azerbaijan, August 19

By Tamilla Mammadova – Trend:

Georgia imported from Azerbaijan 121,647.37 tons of oil worth $ 63.26 million from January through July 2021, Trend with reference to the report of the National Statistical Office of Georgia.

It was noted that in annual comparison, the volume of oil imported from Azerbaijan increased by 7,041.74 tons or 6.14 percent, and the cost - by $30,129.63, or 90.1 percent.

In the first 7 months of 2020, Georgia imported from Azerbaijan 114,605.63 tons of oil worth $33.13 million.

Trade turnover between Georgia and Azerbaijan from January through July 2021 amounted to $586.89 million, which is 9.17 percent, or $49.34 million, more than the same period last year.

During this period, Georgia's imports from Azerbaijan amounted to $291.55 million, which is 1.8 percent less than a year earlier. The share of Azerbaijan in the total Georgian import amounted to 5.6 percent.

In January-July, Georgia's exports to Azerbaijan amounted to $295.34 million, which is 22.7 percent more than the same period last year. The share of Azerbaijan in the total Georgian export was 13 percent.

The balance of trade turnover between Georgia and Azerbaijan during this period remained positive - at the level of $3.79 million.

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