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Azerbaijan reduces car import from Georgia

2 July 2014 11:15 (UTC+04:00)
Azerbaijan reduces car import from Georgia

By Jamila Babayeva

Around 10,930 cars, totaling $121.7 million, were exported from Georgia to Azerbaijan in January-May, 2014, Georgia's National Statistical Service said in a report on July 1.

The report added that the share of car export in the total volume of Georgia's export to Azerbaijan stood at 50.62 percent during the reporting period.

The volume of car export from Georgia to Azerbaijan dropped by 20.15 percent, or by 4,930 in quantitative terms compared to the same period of 2013. By comparison, the country exported some 15,860 cars worth $152.41 million to Azerbaijan in January-May, 2013.

The decrease in Georgia's car export to Azerbaijan is mainly due to the country's transition to the environmental standard of Euro-4. Implementation of this standard started from April 1, 2014. Introduction of the Euro-4 significantly restricts the imports of used cars which constitute a large part of car imports from Georgia to Azerbaijan.

Around 1,320 trucks worth $8.84 million were exported from Georgia to Azerbaijan during the reporting period. By comparison, some 1,400 trucks worth $9.65 million were exported from Georgia to Azerbaijan in the first five months of 2013.

Cars are delivered to Georgia from abroad.

In total, around $240.42 million worth of goods were exported from Georgia to Azerbaijan in January-May, 2014.

The amount of export to Azerbaijan decreased by 10.38 percent compared to the same period of 2013. By comparison, some $268.26 million worth of Georgian products were exported to Azerbaijan in January-May, 2013.

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