Last month, the trade turnover between Georgia and Azerbaijan amounted to 98.1 million US dollars, APA’s local bureau reports, citing Georgia’s National Statistics Office.
On an annual basis, the value of trade decreased by 9.92%.
In January, trade with Azerbaijan accounted for 6.1% of Georgia’s total foreign trade turnover. With this indicator, Azerbaijan ranked fifth among Georgia’s main trading partners, following Türkiye, China, Russia, and the United States.
Georgia exported goods worth 42.8 million US dollars to Azerbaijan, which is 7.6% less than in the same period last year. Azerbaijan ranked fourth among Georgia’s main export partners, after China, Türkiye, and Kyrgyzstan, with a share of 8.9% in Georgia’s total exports.
The value of goods imported by Georgia from Azerbaijan decreased by 11.9% year-on-year to 55.3 million US dollars. Azerbaijan ranked as Georgia’s fifth-largest import partner, after Türkiye, China, Russia, and the United States, with a 4.9% share.
During the reporting month, Georgia’s total foreign trade turnover amounted to 1.61 billion US dollars, of which 480.4 million US dollars accounted for exports and 1.13 billion US dollars for imports.