Georgia-Azerbaijan trade turnover up in Jan.-Nov.

Business
  • 19 December, 2024
  • 10:09
Georgia-Azerbaijan trade turnover up in Jan.-Nov.

In January-November 2024, the trade turnover between Azerbaijan and Georgia amounted to $1.18 billion, 13.9% less compared to the same period last year, Report informs, citing Georgia's National Statistics Office.

Azerbaijan's share in Georgia's total foreign trade turnover was 5.6%.

During the reporting period, the value of Georgia's exports to Azerbaijan decreased by 15.7% compared to a year ago to $664.367 million (11.1% of total exports), while the value of Georgia's imports from Azerbaijan decreased by 11.6% to $515.736 million (3.4% of total imports).

Over 11 months, Georgia's total foreign trade turnover increased by 6.6% year-on-year to $21.112 billion: exports increased by 7.9% to $6.01 billion, and imports increased by 6.1% to $15.101 billion.