Azerbaijan’s share in Georgia’s import on rise

By: Jamila Babayeva

Georgia imported around $294.1 million worth of products from Azerbaijan in January-June 2014, Georgia’s National Statistics Office reported.

“The volume of import from Azerbaijan to Georgia has raised by 7.7 percent in a year,” the report said. By comparison, Georgia imported about $273.2 million worth of Azerbaijani products in the first half of 2013.

Azerbaijan continues to rank third among the countries from which Georgia imports products. The share of Azerbaijan’s export in the total volume of the products imported to Georgia stands at 7.3 percent.

The main part of Georgia import comes from Turkey. The volume of Georgia’s import from this country in January-June, stood at $827.2 million, or 20.5 percent of the total import volume.

China ranks second with 8.7 percent share ($349.6 million) in the total volume of Georgia’s import.

Georgia mainly imports gasoline, oil products, construction materials, electricity, glassware and other products from Azerbaijan.

The trade turnover between Georgia and Azerbaijan in January -June 2014 amounted to $584.3 million, or 3.7 percent less than in the same period of 2013. By comparison, this figure stood at $605.98 million in January -June 2013.

SOURCE: AZER NEWS