What were Georgia’s main exports and imports in Jan-March 2019?
Copper ores and concentrates, motor cars and ferroalloys are Georgia’s top export items in January-March 2019. Photo: Nino Alavidze/Agenda.ge.
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Copper ores and concentrates, motor cars and ferroalloys are Georgia’s top export items in January-March 2019, announces the National Statistics Office of Georgia (Geostat).
More specifically, copper ores and concentrates reclaimed the first place in the list of top export items, equalling $135.6 million, or 16.4% of total exports.
The re-export of motor cars totalled $99.1 million and their share in the total exports amounted to 12%.
The ferroalloys exports occupied the third place standing at $95.6 million and constituting 11.6% of the total exports.
In the same period top import commodities were:
- Petroleum and petroleum oils (worth $150.4 million, or 7.6% of total imports)
- Petroleum gases (worth $131.5 million, or 6.6% of total imports)
- Copper ores and concentrates (worth $120.2 million or 6.1% of total imports)
In January-March Georgia’s top trading partners were:
- Turkey ($373.3 million)
- Russia ($327 million)
- Azerbaijan ($272.5 million)
Trade with EU countries
Trade turnover with European Union (EU) countries increased by 14.9% year-on-year (y/y) and amounted to $698.1 million, said Geostat.
Exports were worth $196 million (6.4% higher), while imports reached $502.2 million (17.8% higher).
Trade with CIS countries
The external trade turnover of Georgia with the Commonwealth of Independent States (CIS) countries totalled $992.2 million in January-March 2019 – 2.4% higher compared to the same period of 2018.
The exports to the CIS countries stood at $416.1 million (37.4% higher), while imports equalled $576.1 million (13.5% lower).
- More about Georgia’s external trade in January-March 2019 can be found here.
Trade turnover between Georgia and EU increased by 17.7% in comparison to 2017 and reached $3.35 billion in 2018, much in part thanks to the Deep and Comprehensive Free Trade Area (DCFTA) agreement with the EU.
Georgia’s external trade with EU up 6.3%, with CIS up 2.8%
Georgia is increasing its role as an important trade partner the Commonwealth of Independent States (CIS), while trade turnover with the European Union decreased this year.
In January 2019 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 826.8 million, which is the 1.2 per cent higher compared to the same month of the last year, the Georgian National Statistics Office says.
The production of crops, vegetables and fruits increased in 2018 in Georgia, show the preliminary data of 2018 published by the National Statistics Office of Georgia (Geostat).
Georgia’s external trade amounted to $3.86 billion in January-April 2019, says the National Statistics Office of Georgia (Geostat).