BAKU, Azerbaijan, Nov. 19
By Maryana Akhmedova – Trend:
Georgia’s total trade turnover with Azerbaijan from January through October 2021 amounted to $892.1 million – 7.9 percent share of the total foreign trade turnover, Trend reports via National Statistics Office (Geostat).
The current figure increased by 19.5 percent, compared to $746.2 million over the reporting period of 2020.
According to Geostat, Azerbaijan ranks 4 among Georgian main trading partners in the reporting period of 2021.
In particular, Georgia’s imports from Azerbaijan in the reporting period of 2021 amounted to $448.7 million, which is an increase of 11.8 percent, compared to $401.4 million over the same period of 2020.
Thus, Azerbaijan ranks 5 among Georgia’s top trading partners by imports over the first 10 months of 2021, Geostat said.
Georgian exports to Azerbaijan from January through October 2021 totaled $443.3 million, which is an increase of 21.6 percent, compared to the same period of 2020 ($364.5 million).
Azerbaijan ranks 3 among Georgia’s main export partners from January through October 2021, the report said.
Meanwhile, Georgian total foreign trade turnover (excluding undeclared trade) from January through October 2021 amounted to $11.3 billion, which is 23 percent more than over the same period of 2020 – $9.1 billion.
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