Caspian Region
Most Cars Exported from Georgia Go to Azerbaijan and Armenia
Image: ap.ge
(JAMnews) In January-March 2023, 22,400 cars worth $412 million were exported from Georgia to foreign countries, 333% more than a year ago.
Most of the cars re-exported from Georgia are used. The average price of one re-exported car was $18,000.
Azerbaijan ranks first in re-export, where 7,300 cars worth $99.7 million were exported. Armenia is in second place with re-exports of $87.3 million, and Kazakhstan is in third with re-exports of $87.2 million.
According to statistics, the most expensive cars (average price of 84,000 dollars) are sent to the United Arab Emirates. The cheapest cars (average price $10,000) are in Tajikistan and Azerbaijan (average price $13,600).
The export of cars occupies a significant share in the total export volume from Georgia. In January-October 2022, the re-export of passenger cars ranked second with $661.3 million (14.5% of total exports). The first place was occupied by copper ores and concentrates, and the third place by ferroalloys.
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