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Azerbaijan Increases Imports from Georgia by 49%

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BM.GE
20.09.21 19:30
367
In January-August this year, Azerbaijan imported $67.9 million (48.8% growth from last year) worth of products from Georgia, said the National Statistics Office of Georgia.
 
Azerbaijan ranks 8th in the top ten of Georgia's main trading partners in domestic exports, with a share of 3.6% in Georgia's domestic exports, Report informs. 
 
In the first eight months, Georgia exported $2,610,800,000 (+ 26%) of products.
 
The top ten products exported from Georgia include copper ores and concentrates, ferroalloys, fresh grape wine, natural, mineral and carbonated waters, alcoholic beverages, mineral fertilizers, knitted shirts, hazelnuts, gold, mineral and carbonated waters containing sugar.
 
During the report period, Georgia conducted trade transactions with Azerbaijan worth $689.5 million, which is 16% higher than in the same period last year.
 
Over the past year, the monetary value of Georgia's exports to Azerbaijan increased by 22.1% to $347 million, while the value of imports from Azerbaijan increased by 4.2% to $342.4 million.
 
In the first eight months of 2021, Azerbaijan ranked fourth among Georgia's main trading partners with a 7.9% share in trade turnover, after Turkey, Russia and China. Azerbaijan's share in Georgia's exports was 13.3%, making it the third-largest export partner after China and Russia. Azerbaijan's share in Georgia's imports was 5.6%, making it the fifth-largest import partner after Turkey, Russia, China, and the United States.