Trade turnover between Azerbaijan, Georgia up 42%

In the first quarter of 2022, the trade turnover between Georgia and Azerbaijan amounted to $355.4 million (+42%), Report informs, citing the National Statistics Office of Georgia.

Last month, Azerbaijan ranked fourth among Georgia's main trading partners with a 9.2% share in the total trade turnover of the neighboring country, after Turkiye, China, and Russia.

In January-March, the Georgian exports to Azerbaijan amounted to $125.3 million (+19.9%) and products imported from Azerbaijan – to $230.1 million (+57.6%).

With a 10.7% share in Georgia's total exports, Azerbaijan ranks second among the leading export partners after China. In the total imports of Georgia, Azerbaijan was the fourth largest import partner after Turkiye, Russia, and China, with a share of 8.5%.