Economy
Posted: 4 years ago

Georgia Doubles Automobiles Re-Exports to Azerbaijan to $79 million

In January-March 2020, Georgia grew automobile re-exports to Azerbaijan by 131% to $79.2million, according to Geostat, the national statistics service of Georgia.

On the whole, the country increased the automobile re-exports by 26% to $127.9 million.

The record re-exports after 2014 was registered in 2019 - $686.7 million. At this stage, it is unclear how the COVID-19 pandemic may affect Georgia’s automobile re-exports to Azerbaijan, Armenia and Central Asia countries.

Georgia-s automobile re-exports due to countries in 2019:

1 Azerbaijan - $248,769,000;

2 Armenia - $214,453,000;

3 Ukraine - $71,991,000;

4 Kyrgyzstan - $49,000,000;

5 United Arab Emirates - $45 301 000;

6 Kazakhstan - $11,774,000;

7 Russia - $7,269,000;

8 Uzbekistan - $3,734,000;

9 Tajikistan - $3,223,000;

10 Panama - $2,598,000;

11 Iraq - $2,590,000;

12 Turkmenistan - $2,438,000;

13 Japan - $2,265,000;

14 Turkmenistan - $1,468,000;

15 Bulgaria- $1,379,000;

16 Moldova - $1,128,000;

17 Czech Republic - $1,106,000.