Georgia recorded significant growth in trade turnover with neighboring Armenia and Azerbaijan in 2022.
Both imports and exports remain heavily dependent on narrow groups of commodities, pushing the countries to explore new opportunities.
Azerbaijan and Armenia were Georgia’s sixth and seventh biggest suppliers of goods, respectively, during theof 2022. Imports from Azerbaijan grew 12 percent year-on-year to reach $573 million, while imports from Armenia grew 42 percent to $548 million. During the visit, Garibashvili met with his Armenian counterpart Nikol Pashinyan as the two co-chaired a session of the intergovernmental economic commission. One of the outcomes of the meeting was a new policy allowing citizens of the two countries to cross the border using domestic ID cards, an arrangement Georgia already has in place with Turkey.a new 160-meter bridge at their countries’ shared border, which, the leaders noted, would further boost the development of trade ties.
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