Azerbaijan reduces cost of importing chemicals from Georgia

In January-March of this year, Georgia exported chemical or related industrial products worth $8.51 million to Azerbaijan, Report informs.

According to the data from the National Statistics Office of Georgia (GeoStat), this is 18.3% less than the same period in 2023.

Thus, Azerbaijan ranked 4th among Georgia’s export destinations on similar products in the specified period.

Over the course of three months, Georgia’s total exports of chemicals and related products totaled $95 million, which is 10.4% less than a year ago.

Within the mentioned period, Georgia delivered chemical products worth $16.3 million to Uzbekistan, $13 million to Romania, $9.6 million to Armenia, and $8 million to Peru.

Meanwhile, in 2023, Georgia exported chemical or related industrial products worth $432 million, $41 million of which fell to the share of Azerbaijan.