Georgia increased trade volume with Azerbaijan
In the months from January to November this year, trade turnover between Georgia and Azerbaijan reached 1.21 billion US dollars.
The local APA office reports that this information was published in the report of the National Statistical Office of Georgia.
Compared to the same period last year, an increase of 2.54% was recorded in value.
During the reporting period, Azerbaijan accounted for 5.2% of Georgia's total trade, ranking seventh among the country's main trading partners, after Turkey, the United States, Russia, China, Kyrgyzstan and Germany.
In the amount of 638 million US dollars, Georgian products were exported to Azerbaijan, which represents a decrease of 4% compared to the previous year. With a 9.6% share in Georgia's exports, Azerbaijan ranked fourth among the country's main export partners, after Kyrgyzstan, Kazakhstan and Russia.
The volume of Georgian imports from Azerbaijan increased by 11% compared to the same period of the previous year, reaching 573.3 million US dollars. With a share of 3.5%, Azerbaijan ranked sixth among Georgia's main import partners, after the United States, Turkey, China, Russia and Germany.
In the first 11 months, Georgia conducted trade transactions totaling US$23.2 billion with foreign countries, including US$6.61 billion for exports and US$16.6 billion for imports.
