Georgia increases oil imports from Azerbaijan

In January-September 2024, Georgia imported 95,650 tons of oil and petroleum oil worth $75.5 million from Azerbaijan, Report informs, citing the National Statistics Office of Georgia.

This is 47% more in value terms and 57% more in quantity compared to the same period in 2023.

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

During the reporting period, Georgia purchased 1.17 million tons of oil and oil products worth $982 million from abroad, which is 20% and 15% more than the previous year's figures, respectively.

In the nine months of this year, Georgia imported 527,000 tons of oil and oil products worth $401 million US dollars from Russia, 136,000 tons worth $120 million from Bulgaria, 130,000 tons worth $109 million from Romania, and 50,000 tons worth $53 million from Türkiye.