Azerbaijan reduces spendings on imports of Georgian products

Kanan Sadigov
Author

In January-August 2024, Azerbaijan spent $86.566 million, 11.5% less year-on-year, on importing Georgia's domestic products, Report informs, citing the National Statistics Office of Georgia.

Supplies to Azerbaijan accounted for 4.7% of Georgia's exports of local products.

During the reporting period, Georgia exported locally produced goods worth a total of $1.825 billion, which is 4.3% less year-on-year.

The main buyers of Georgia's domestic products were Russia ($376.503 million; 3.2% more YoY), Türkiye ($287.632 million; 12.2% more YoY), China ($181.748 million; 18.8% less YoY), Armenia ($101.235 million; 2.7% more YoY) and the USA ($86.214 million; 90.2% more YoY).

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