Georgia posts decline in car exports to Azerbaijan

Georgia exported 3,655 cars worth $70 million to Azerbaijan in the first four months of this year, Report informs with the reference to the National Statistics Office of Georgia.

According to the obtained data, this is a decline of 53 percent in value and 69 percent in number compared to the same period of 2023.

Thus, Azerbaijan ranks 3rd among the countries to which Georgia exports cars.

During the reporting period, Georgia sold a total of 28,000 cars worth $577 million abroad, which is 3 percent and 15 percent less than a year ago, respectively.

Meanwhile, in 2023, Georgia exported 107,898 cars worth $2.13 billion, of which 22,393 units worth $437 million went to Azerbaijan.