Georgia increases oil imports from Azerbaijan

In January-October 2024, Georgia imported 95,730 tons of oil and petroleum oils worth $75.6 million from Azerbaijan, Report informs, citing the Georgia's National Statistics Office.

This is 11% higher in value and 21% in quantity compared to the same period in 2023.

Thus, Azerbaijan ranks 4th among countries exporting oil and petroleum oils to Georgia.

During the reporting period, Georgia imported 1.312 million tons of oil and petroleum oils worth $1.1 billion from other countries, 17.5% and 15% more than the previous year's figures, respectively.

In the first ten months of this year, Georgia imported oil and petroleum oils from Russia (581,000 tons worth $438 million), Bulgaria (155,000 tons worth $135 million), Romania (163,000 tons worth $134 million), and Türkiye (56,000 tons worth $59 million).