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Azerbaijan main market for Georgian exports

2 July 2014 10:00 (UTC+04:00)
Azerbaijan main market for Georgian exports

By Jamila Babayeva

Slightly more than one-fifth or 20.5 percent of the Georgia's exports went to Azerbaijan in the first five months of 2014.

The news was announced in the report of the National Statistical Service of Georgia on foreign trade.

Goods worth $240.42 million were exported from Georgia to Azerbaijan in the first five months of 2014.

Export to Azerbaijan decreased by 10.38 percent compared to the same period in 2013; Georgia's exports to Azerbaijan amounted to $268.26 million in the first five months of 2013.

Armenia takes second place on this indicator; since the beginning of the year, Georgian products worth $129.7 million have been exported to this country (11 percent of total exports), the report added.

The third largest exporter of Georgian goods is Russia. Some 108.39 million or 9.2 percent of the total exports of Georgia went to Russia in the first five months of 2014.

Trade turnover between Georgia and Azerbaijan since the beginning of 2014 amounted to $489.44 million. Some 10.9 percent of Georgia's total foreign trade turnover accounts for Azerbaijan, amounting to about $ 4.5 billion.

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