Georgia - Azerbaijan trade turnover up in Feb. 2022
Date
3/25/2022 3:03:47 PM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, Mar. 25. Georgia's total
trade turnover with Azerbaijan from January through February 2022
amounted to $248.8 million – an 9.8-percent share in the total
foreign trade turnover, Trend reports via National Statistics Office
(Geostat).
The current figure increased by 49 percent, compared to $166.9
million over the reporting period of 2021, and 10.1 percent,
compared to $225.9 million from January through February 2020.
According to Geostat, Azerbaijan ranked third among Georgian
main trading partners from January through February 2022, following
after Turkey ($354.3 million), and Russia ($274.6 million).
Meanwhile, Georgia's imports from Azerbaijan in the reporting
period of 2022 amounted to $156.4 million, which is an increase of
55.5 percent, compared to $100.6 million over the same period of
2021. Thus, Azerbaijan ranked third among Georgia's top trading
partners by imports from January through February 2022, Geostat
said.
Georgian exports to Azerbaijan in the reporting period of 2022
totaled $92.3 million, which is an increase of 39.1 percent,
compared to the same period of 2021 ($66.3 million). Azerbaijan
ranked third among Georgia's main export partners from January
through February 2022, the report said.
Meanwhile, Georgia's foreign trade turnover (excluding
non-declared trade) from January through February 2022 amounted to
$2.5 billion, which is an increase of 49.2 percent, compared to
$1.6 billion over the same period of 2021, and 38.8 percent,
compared to the reporting period of 2020 ($1.8 billion).
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Tags:
- Georgia
- Azerbaijan
- trade turnover of Georgia
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