Azerbaijan- 2nd main trade partner of Georgia in export

In January-August of the current year, Azerbaijan was Georgia's second-largest trading partner in terms of exports, Report informs, citing foreign media.

Georgia's foreign trade turnover of goods amounted to $11.9 billion between January-August 2022 – a 36.6% increase as compared to the same period last year, according to the preliminary data released by the National Statistics Office (Geostat) on September 19.

Exports grew by 36.9% to $3.57 billion, while imports increased by 36.5% to $8.36 billion. The trade deficit between January-August was $4.79 billion, amounting to 40.2% of the trade turnover.

Turkiye topped the list of Georgia's largest trading partners by turnover, with $1.8 billion, followed by Russia – $1.5 billion, China – $1.2 billion, Azerbaijan – $843.3 million, and the United States – $760.4 million.

China was Georgia's largest trading partner by exports with $502.6 million, followed by Azerbaijan – $421.5 million, Russia – $409.3 million, and Turkiye – $321.5 million.

Turkiye, Russia, China, the United States, and Azerbaijan were the top trading partners of Georgia in terms of imports, with $1.5 billion, $1.1 billion, $724 million, $569.3 million, and $421.8 million, respectively.