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Iran increases oil exports to Georgia in 1Q2022

Oil&Gas Materials 23 April 2022 10:24 (UTC +04:00)
Iran increases oil exports to Georgia in 1Q2022
Maryana Ahmadova
Maryana Ahmadova
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BAKU, Azerbaijan, April 23. Georgia’s petroleum and petroleum oils imports from Iran from January through March 2022 amounted to $416,930, which is an increase of 96 percent, compared to the same period of 2021 ($212,660), Trend reports via the National Statistics Office (Geostat).

However, Georgia’s imports of petroleum and petroleum oils from Iran in March 2022 alone decreased by 18 percent, compared to February 2022 ($127,770), and totaled $104,710.

Thus, Iran ranked 12 among main petroleum and petroleum oils exporters to Georgia from January through March 2022. Romania ($57.5 million), and Bulgaria ($48.2 million), and Russia ($45 million) were the top three.

Meanwhile, Georgia’s total imports of petroleum and petroleum oils from January through March 2022 increased by 71.6 percent, compared to the same period of 2021 ($142.4 million), and totaled $244.5 million.

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