Georgia’s trade with EU worth $1.34 billion in Jan-May 2018
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Georgia is strengthening its trade relations with the European Union (EU), the Commonwealth of Independent States (CIS) and other countries.
In January-May 2018, trade turnover with European Union (EU) countries increased by 23 percent year-on-year (y/y) and amounted to $1.34 billion, shows the data from the National Statistics Office of Georgia (Geostat).
Exports were worth $295.7 million (13.7 percent higher), while imports reached $1.04 billion (25.9 percent higher).
The share of the EU countries in the external trade turnover of Georgia amounted to 27.4 percent - 23 percent in exports and 29 percent in imports.
Trade with CIS countries
In January-May 2018, the external trade turnover of Georgia with the Commonwealth of Independent States (CIS) countries totalled $1.67 billion – 32.6 percent higher compared to January-May 2017.
Exports were worth $584 million (52.3 percent higher) while imports equalled $1.09 million (24 percent higher).
Georgia’s top trading partners in January-May 2018
Turkey, Russia and Azerbaijan are Georgia’s top trade partners in January-May 2018, said Geostat.
Last month Georgia’s top 10 trade partners made for 66.6 percent of the country’s total trade turnover, with Turkey ($714.8 million), Russia ($548.2 billion) and Azerbaijan ($430.5 million) filling the top three spots.
What are Georgia's main exports?
Georgia's top exported commodities in January-May 2018 were:
- Copper ores and concentrates (worth $181.6 million, or 14.1 percent of total exports)
- Ferro-alloys (worth $151.8 million, or 11.8 percent of total exports)
- Motor cars (worth $124 million, or 9.7 percent of total exports)
What are Georgia's main imports?
Georgia's top imported commodities were:
- Petroleum and petroleum oils (worth $330.8 million, or 9.2 percent of total imports)
- Motor cars (worth $215.6 million or six percent of total imports)
- Petroleum gases (worth $150 million, or 4.2 percent of total imports)
More about the external trade of Georgia can be found here.
Copper ores and concentrates, ferro-alloys and motor cars were Georgia’s top exported commodities in January-April 2018, shows the preliminary data from the National Statistics Office of Georgia (Geostat).
Turkey, Russia and Azerbaijan are Georgia’s top trade partners this year, shows the preliminary data from the National Statistics Office of Georgia (Geostat). Overall, Georgia’s external trade grew by 23.3 percent this year and reached $2.82 billion in January-March 2018.
Georgia’s external trade with EU up 10.8%, with CIS up 26.5%
Georgia is increasing its role as an important trade partner for the European Union (EU), the Commonwealth of Independent States (CIS) and other countries. In January-February 2018, trade turnover with EU countries amounted to $446.5 million, while with the CIS counties external trade of Georgia reached $620.2 million.
Georgia is strengthening its trade relations with the European Union (EU), the Commonwealth of Independent States (CIS) and other countries. Last month, trade turnover with European Union (EU) countries increased by 6.6 percent year-on-year (y/y) and amounted to $211.5 million.
Georgia’s external trade grew by 24.5 percent in January-May 2018 and reached $5.98 billion, says the National Statistics Office of Georgia (Geostat). In the first six months of 2018 the value of Georgia’s exports increased by 28.8 percent to $1.59 billion.
Georgia’s external trade grew by 24.4 percent in January-July 2018 and reached $7.05 billion, says the National Statistics Office of Georgia (Geostat).
Georgia’s external trade with EU up 25.6%, with CIS up 33.5%
Georgia is increasing its role as an important trade partner for the European Union (EU), the Commonwealth of Independent States (CIS) and other countries.
The external merchandise trade of Georgia has exceeded eight billion USD in January-August 2018, up by 22.6 per cent y/y.
Georgia’s external trade grew by 22.6 per cent in January-August 2018 and reached $8.10 billion, says the National Statistics Office of Georgia (Geostat).
Georgia’s external trade grew by 20.8 per cent this year and reached $9.12 billion in January-September 2018, says the National Statistics Office of Georgia (Geostat). This year the value of Georgia’s exports increased by 25.7 percent to $2.44 billion, while the value of imports also increased 19.1 per cent to $6.67 billion with respect to January-September 2017, said Geostat.