Azerbaijan's car import from Georgia reduced
By Jamila Babayeva
Official figures show that car import from Georgian has reduced during the first two months of this year in comparison with a similar period last year.
According to a report by the Georgian National Statistics Office, some 4,720 cars worth $36.63 million were imported from Georgia in January-February, 2014. This comes as during the same period last year, the specific weight of commodities belonging to this category stood at 49.15 percent within the total volume of Georgian exports to Azerbaijan.
The report added that import of cars from Georgia fell to 24.574 percent or to 1040 compared with the same period of last year.
By comparison, 5760 cars worth $48.56 million were imported from Georgia in January-February 2013.
A decrease in car import to Azerbaijan is mainly due to the country's transition to the environmental standard of Euro-4. Implementation of this standard will start from April 1, 2014. Introduction of the Euro-4 significantly restricts the import of used cars which constitute a large part of car import from Georgia to Azerbaijan.
During the reporting period, Azerbaijan imported some 610 trucks worth $3.92 million. This figure is 2.08 percent or 130 cars more than cars imported in January-February, 2013. For comparison, 480 trucks worth $3.84 million were exported from Georgia to Azerbaijan in January-February, 2013.
Cars are delivered to Georgia from abroad.
Goods worth $74.53 million were exported from Georgia to Azerbaijan in January-February, 2014. This figure constitutes 24.3 percent of total exports made by the country during the reporting period. Exports to Azerbaijan decreased by 14.47 percent compared to the same period last year.
For a comparison, in January-February, 2013 Azerbaijan exported Georgian goods worth $87.14 million.
Azerbaijan retains second place in the list of Georgia's largest trade partners. Georgian exports to Azerbaijan include vehicles, cattle in live weight, iron reinforcements, cement, mineral water, glass and glass products and medicines.
Azerbaijan's exports to Georgia include oil and petroleum products, natural gas, trucks and construction materials.
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