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Exports of cigarettes from Georgia to Azerbaijan up

Business Materials 19 February 2021 18:14 (UTC +04:00)

BAKU, Azerbaijan, Feb.19

By Tamilla Mammadova – Trend:

Georgia exported 55 tons of cigarettes to Azerbaijan in the amount of $1.38 million in January 2021, Trend reports via the National Statistics Office of Georgia (Geostat).

The cost of products exported to Azerbaijan increased by $532,200 or 62 percent, and the volume increased by 24.9 tons or 82 percent compared to last year.

In January 2020, Georgia exported 30.1 tons of cigarettes to Azerbaijan, the total cost of which was $856,000.

In January of this year, Georgia's trade with Azerbaijan amounted to $86.154 million.

Last month, Azerbaijan, with a share of 11.3 percent in Georgia's total trade turnover, ranked third among the trading partners of the neighboring country after China and Turkey.

Compared to the same period last year, a decrease in trade turnover between Azerbaijan and Georgia by 16 percent was recorded.

The value of Georgia's exports to Azerbaijan over the past year decreased by 24.4 percent and amounted to $34.404 million, and imports from Azerbaijan - by 11.2 percent, amounting to $51.75 million.

Azerbaijan ranks first among the main export partners of the neighboring country, with a share of 15.3 percent in Georgia's total exports. Azerbaijan has a share of 9.6 percent in Georgia's total imports and ranks fourth after China, Turkey and Russia.

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