Georgia: imports from Azerbaijan up in January-November 2021

Georgia’s imports from Azerbaijan from January through November 2021 amounted to $509 million, the National Statistics Office (Geostat) reported. According to Geostat, the current figure increased by 12.7%, compared to $451.6 million over the same period of 2020. Top-5 exporting goods from Azerbaijan to Georgia were fuels and lubricants – $340.9 million, industrial supplies –…

Latvia: energy resource prices and government decisions to affect industrial sector

Future developments of Latvia’s industrial sector will be affected by the situation with energy resource prices and the government’s possible decisions to improve the situation. If the Omicron variant of Covid-19 spreads rapidly, it is possible consumption of industrial goods may decrease, notes the Ministry of Finance. Nevertheless, currently demand for goods remains high and…