Azerbaijan ranks first among top fuel and lubricant exporters to Georgia

The value of exported fuel and lubricants from Azerbaijan to Georgia only in November 2021 increased by 15.1 percent

Georgia’s imports of fuel and lubricants from Azerbaijan from January through November 2021 increased by 6.5 percent, compared to $319.8 million over the same period of 2020, and totaled $340.9 million, Trend reports via National Statistics Office (Geostat).

The value of exported fuel and lubricants from Azerbaijan to Georgia only in November 2021 increased by 15.1 percent, compared to $35.6 million over the same period of 2020, and by 2.5 percent, compared to $40 million in October 2021, and totaled $41 million.

Thus, Azerbaijan ranked first among top exporters of fuel and lubricants to Georgia over first 11 months of 2021, followed by Russia ($239.6 million) and Turkmenistan ($175.7 million).

Georgia’s imports of fuel and lubricants from January through November 2021 amounted to $1.1 billion, which is an increase of 35.4 percent, compared to $812.1 million over the same period of 2020.