Turkey, Russia, Azerbaijan – Georgia’s top trading partners in Jan-June 2019

Turkey, Russia and Azerbaijan are Georgia’s top trade partners this year, shows the preliminary data from the National Statistics Office of Georgia (Geostat).

Georgia’s top 10 trade partners in January-June 2019 made for 67.2 per cent of the country’s total trade turnover, with Turkey ($843 million), Russia ($677.8 million) and Azerbaijan ($508.9 million) filling the top three spots.

Trade with EU countries

Trade turnover with the European Union (EU) countries decreased by 4.6 per cent year-on-year (y/y) and amounted to $1.51 billion, said Geostat.

Exports were worth $426.9 million (16.1 per cent higher), while imports reached $1.08 billion (10.8 per cent lower).

Trade with CIS countries

The external trade turnover of Georgia with the Commonwealth of Independent States (CIS) countries totalled $2.03 billion in January-June 2019 – a five per cent lower compared to the same period of 2018.

Exports were worth $916.2 million (27.1 per cent higher) while imports equalled $1.11 billion (15.6 per cent higher).

What are Georgia's main exports?

Georgia's top exported commodities in January-June 2019 were:

• Copper ores and concentrates (worth $306.6 million, or 17.3 per cent of total exports)
• Motor cars (worth $260.5 million, or 14.7 per cent of total exports)
• Ferro-alloys (worth $179.2 million, or 10.1 per cent of total exports)

What are Georgia's main imports?

Georgia's top imported commodities were:

• Petroleum and petroleum oils (worth $341.2 million, or 8.1 per cent of total imports)
• Motor cars (worth $308.8 million or 7.4 per cent of total imports)
• Copper ores and concentrates (worth $266.8 million, or 6.4 per cent of total imports)

Overall, Georgia’s external trade decreased by 0.6 per cent and reached $5.96 billion in January-June 2019, says the National Statistics Office of Georgia (Geostat).