January-February 2019:
Georgia’s external trade with EU up 6.3%, with CIS up 2.8%
In the reporting period the value of Georgian exports increased by 13.2% to $505 million. Photo: Nino Alavidze/Agenda.ge.
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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-February 2019, trade turnover with EU countries decreased by 6.3% (amounted to $422.4 million) and with CIS countries by 2.8% year-on-year (y/y) (amounted to $627.7 million), show the latest data published by the National Statistics Office of Georgia (Geostat).
In the reporting period export from Georgia to the EU countries amounted to $118.2 million (10.7% lower compared to January-February 2018), while imports amounted to $304.2 million (4.5% lower).
In January-February 2019 export to the CIS countries stood at $254.8 million (45.7% higher compared to January-February 2018), while imports equalled $372.9 million (14.4 percent lower).
Overall, Georgia’s top 10 trade partners in January-February 2019 made for 69.7% of the country’s total trade turnover, with Turkey ($233.6 million), Russia ($203.6 million) and Azerbaijan ($184.4 million) filling the top three spots.
What are Georgia's main exports?
Georgia's top exported commodities in January-February 2019 were:
- Copper ores and concentrates (worth $78.3 million, or 15.5% of total exports)
- Motor cars (worth $56.1 million, or 11.1% of total exports)
- Ferro-alloys (worth $51.2 million, or 10.1% of total exports)
What are Georgia's main imports?
Georgia's top imported commodities were:
- Petroleum and petroleum oils (worth $101.2 million, or 8.2% of total imports)
- Petroleum gases (worth $88.7 million, or 7.2% of total imports)
- Copper ores and concentrates (worth $71.9 million or 5.8% of total imports)
Overall, Georgia’s external trade grew by 3.6% in January-February 2019 and reached $1.73 billion, said Geostat.
In the reporting period the value of Georgian exports increased by 13.2% to $505 million, while the value of imports also increased 0.1% to $1.23 billion with respect to January-February 2018.
Georgia’s external trade grew by 17% in 2018, reaching $12.48 billion, says the National Statistics Office of Georgia (Geostat).Last year Georgia’s trade deficit came out to $5.76 billion, which was a 46.1% share of the country's total trade turnover.
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 export of Georgian agricultural products marked new records in 2018, announces the Ministry of Environmental Protection and Agriculture of Georgia.
Georgia’s external trade grew by 18.6% this year and reached $11.32 billion in January-November 2018, says the National Statistics Office of Georgia (Geostat).
Georgia’s external trade amounted to $2.80 billion in January-March 2019, says the National Statistics Office of Georgia (Geostat). Georgian exports increased by 12.8% to $826 million, while the value of imports decreased by 4.7% to $1.98 billion with respect to 2018.
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).
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).
Georgia’s external trade amounted to $3.86 billion in January-April 2019, says the National Statistics Office of Georgia (Geostat).
Georgia’s external trade amounted to $4.95 billion in January-May 2019, says the National Statistics Office of Georgia (Geostat).In the reporting period the value of Georgian exports increased by 14.2% to $1.46 billion, while the value of imports decreased by 3.6% to $3.49 billion with respect to 2018, said Geostat.
Georgia’s external trade stands at $4.9 billion in January-May 2019 – a 1.1 per cent increase compared to the same data from last year, Georgia’s National Statistics Office (GeoStat) says in its preliminary report for the period.
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).
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.
The Georgian National Statistics Office, whose roots stretch back to the First Democratic Republic of Georgia, is marking its 100th anniversary today.