Trade turnover reaches $1 billion between Azerbaijan and Georgia

The trade turnover between Azerbaijan and Georgia reached more than $958 million in the first nine months of 2013.

The mentioned figure accounts for 12.6 percent of Georgia's total foreign trade turnover, GeoStat reported.

The Georgian statistics body reported that the trade turnover between the two countries increased by 1.8 percent compared to the same period in 2012.The trade turnover between Azerbaijan and Georgia was over $940 million in the first nine months of 2012.

GeoStat also reported that in January to September 2013 Azerbaijan imported about 3.3 million cars worth some $30.3 billion from Georgia.

According to the report, Georgian car exports to Azerbaijan during the mentioned period accounted for 57.3 percent of the country's total exports to Azerbaijan.

Azerbaijan's imports of sedan cars from Georgia increased by 19.48 percent in terms of volume compared to the same period last year. In January to September 2012, Azerbaijan imported 265,000 sedan cars worth over $25 billion from Georgia.

Earlier, Georgia's Ministry of Economy and Sustainable Development reported that Georgia's participation in an agreement with the EU on free trade will have no impact on its trade with other countries, including Azerbaijan.

Azerbaijan is Georgia's second largest trading partner after Turkey.

In January to June 2013, Georgia exported a total of $332.81 million worth of goods to Azerbaijan. The figure accounted for 26.9 percent of the country's total exports during the mentioned period.

According to GeoStat, Georgia's exports to Azerbaijan increased by 17.5 percent compared to the same period in 2012. Around $283.23 million worth of Georgian goods was exported to Azerbaijan in the first six months of 2012.


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