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Azerbaijan ranks second among Georgia's trade partners

29 November 2013 12:55 (UTC+04:00)
Azerbaijan ranks second among Georgia's trade partners

By Nazrin Gadimova

Georgia's imports from Azerbaijan amounted to $480.85 million in January-October of 2013, Georgian statistics body GeoStat reported on November 27.

The volume of Georgian imports from Azerbaijan decreased by 8.39 percent compared to the same period last year. For comparison, Georgia imported goods from Azerbaijan worth $524.9 million in January-October 2012.

Azerbaijan is second among the main trade partners of Georgia (more than $1.06 billion or 12.4 percent of the total foreign trade turnover), while Turkey, which has a foreign trade turnover with Georgia amounting to about $1.2 billion (14.2 percent of the total foreign trade turnover of Georgia) is the first and Ukraine is third (more than $629.1 million or 7.3 percent of the total foreign trade turnover). Russia is Georgia's fourth largest trading partner.

The top ten also includes China ($497 million dollars - 5.8 percent), Germany ($ 421.1 million - 4.9 percent), Armenia ($ 392.5 million - 4.6 percent), the USA (about $332 million - 3.9 percent), Bulgaria ($286 million - 3.3 percent) and Romania ($258 million - 3 percent).

The total foreign trade turnover of Georgia amounted to $ 8.6 billion (excluding non-organized trade) in January-October 2013, which is 1 percent more than the same period in 2012.

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