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Imports of Cars from Georgia to Azerbaijan Fell by Almost Five Times

Export of Cars from Georgia to Azerbaijan Fell 5 Times

According to National Statistics Office Geostat, Georgia exported over 3 million cars to Azerbaijan in January-October period with a total value of over  $57 million.

In The same period of Last year 15 million cars worth over $231 million were exported  to Azerbaijan, which is 5 times more compared to this year’s export figure.

The total volume of foreign trade between Azerbaijan and Georgia is estimated at $663 million or 8.2% of the aggregate foreign trade of Georgia.

The decline in export of vehicles to Azerbaijan from Georgia is attributed to the Euro-4 ecological standard introduced in Azerbaijan for imported and manufactured vehicles starting April 2014.