Tbilisi: Azerbaijan became Georgia's third largest export partner in the first four months of this year.
According to Azeri-Press News Agency, the trade turnover between Georgia and Azerbaijan increased by 8.4% year-on-year, reaching 451.2 million US dollars, as reported by Georgia's National Statistics Office.
Azerbaijan positioned itself as the fifth major trading partner for Georgia, following Trkiye, Russia, China, and the United States, and accounted for 5.5% of the total trade turnover during the specified period. Exports from Georgia to Azerbaijan amounted to 211.3 million US dollars, marking a 1.8% decrease compared to the previous year. Despite this decline, Azerbaijan became Georgia's third largest export partner, following Kyrgyzstan and China, and accounted for 8.7% of Georgia's total exports.
The value of products supplied by Azerbaijan to Georgia saw an 18.7% increase year-on-year, totaling 239.8 million US dollars. Azerbaijan ranked sixth among Georgia's main import partners, following Trkiye, Russia, China, the United States, and Germany, with a 4.2% share of imports.
During the reporting period, Georgia's total foreign trade turnover amounted to 8.13 billion US dollars, an increase of 1.7% compared to the same period last year. Exports totaled 2.44 billion US dollars, while imports were recorded at 5.69 billion US dollars.