Most cars exported from Georgia go to Azerbaijan and Armenia
Car export statistics in Georgia
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).
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Car export statistics by country:
1. Azerbaijan – $99.68 million, 7,348 cars, the average price of one is $13.6 thousand;
2. Armenia – $87.29 million, 4,845 cars, the average price of one is $18.0 thousand;
3. Kazakhstan – $87.17 million, 4,757 cars, the average price of one is $18.3 thousand;
4. Kyrgyzstan – $87.12 million, 2,398 cars, the average price of one is $36.3 thousand;
5. Russia – $21.61 million, 1544 cars, the average price of one is $14.0 thousand;
6. Tajikistan – $8.12 million, 815 cars, average price of one – $10.0 thousand;
7. Belgium – $5.71 million, 119 cars, average price of one $48.0 thousand;
8. United Arab Emirates – $5.16 million, 61 cars, average price of one – $84.5 thousand;
9. Ukraine – $3.32 million, 189 cars, the average price of one is $17.5 thousand;
10. China – $1.46 million, 33 cars, the average price of one is $44.3 thousand.
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.
Car export statistics in Georgia