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Georgia-Azerbaijan trade reaches 86.154 million US dollars

Georgia-Azerbaijan trade reaches 86.154 million US dollars
Georgia-Azerbaijan trade reaches 86.154 million US dollars

In January of 2021, Georgia's trade with Azerbaijan amounted to 86.154 million US dollars.

According to a report by the National Statistics Office of Georgia, Azerbaijan last month, with 11.3% of Georgia's total trade turnover, ranked fourth after China, Turkey, and Russia.

Azerbaijan-Georgia trade turnover in January 2021 compared to January 2020 decreased by 16%.

Over the past year, the value of Georgian exports to Azerbaijan decreased by 24.4% to $ 34.404 million, while imports from Azerbaijan amounted to 11.2% - $ 51.75 million.

Azerbaijan ranks first among the neighboring country's main export partners. Azerbaijan accounts for 15.3% of Georgia's total exports.

As for imports, Azerbaijan accounts for 9.6% of Georgia's total imports and ranks fourth after China, Turkey, and Russia.

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