Tuesday, 02 January 2024 12:17 GMT

Georgia Elevates Non-Oil Import From Azerbaijan In 4M2025


(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 8.​ Georgia imported $105.8 million worth of non-oil products from Azerbaijan from January through April 2025.

The data obtained by Trend from the State Customs Committee shows that this figure is 32 percent, or $25.7 million, higher than in the corresponding months of 2024.

Meanwhile, non-oil exports to Georgia accounted for 9.9 percent of Azerbaijan's total exports during the reporting period, placing Georgia third among Azerbaijan's largest non-oil export destinations.

Meanwhile, trade turnover between Azerbaijan and Georgia reached $272.9 million in the January-April period, rising by $35.3 million (14.9 percent) compared to the same period in 2024. This accounted for 1.61 percent of Azerbaijan's total trade turnover.

The exportation metrics from Azerbaijan to Georgia reached a substantial $234.9 million, reflecting an 11.3 percent year-on-year growth, translating to an increment of $23.8 million. Concurrently, the importation figures from Georgia escalated to $38 million, marking a significant 43.7 percent surge, equivalent to an increase of $11.5 million.

In aggregate, Azerbaijan's international trade volume with all nations during the specified timeframe reached $16.9 billion, reflecting a 24.1 percent, or $3.3 billion, uptick relative to the preceding fiscal year.

Export metrics achieved a valuation of $8.7 billion, whereas import figures culminated at $8.133 billion. The data delineates an augmentation of $616.1 million (7.5 percent) in export metrics and a substantial escalation of $2.7 billion (48.8 percent) in import figures relative to the initial quadrimester of 2024.

As a result, Azerbaijan achieved a favorable trade balance amounting to $651.7 million; however, this surplus represents a decrement of $2.1 billion, equating to a reduction factor of 4.15 compared to the figures from 2024.

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