Trade Turnover Between Georgia and Azerbaijan Increases
According to data from Georgia's National Statistics Office, commerce between Georgia and Azerbaijan totaled $1.1 billion from January through November 2022, an increase of 16.8% over the $999.5 million in trade during the same period in 2021.
The organization estimated that Azerbaijan will be Georgia's fourth-largest trading partner from January through November 2022. Turkey was Georgia's top trading partner during the reporting period ($2.5 billion in trade turnover), followed by Russia ($2.2 billion) and China ($1.6 billion). According to the report, Georgia bought items worth $572.9 million from Azerbaijan at that time, a 12.1 percent increase over the $511.2 million imported during the same period in 2021.
At the same time, Georgian exports to Azerbaijan rose by 21.9 percent from January through November 2022 ($488.2 million) to $595.4 million.
Read also:
Azerbaijan and Kazakhstan Record Rates of Trade Turnover Growth
See Also
Armenia Expands Engagement with NATO
EU–Armenia Forum Highlights Governance and Institutional Gaps
Pashinyan Highlights Economic Growth, Rising Incomes in 2025 Report
Pashinyan Says Azerbaijani Fuel Imports Break Market Monopoly