What were Georgia’s main exports and imports in January-November 2017?

  • Georgia’s trade deficit equalled $4.68 billion this year. Photo by N. Alavidze/Agenda.ge.
Agenda.ge, 19 Dec 2017 - 12:52, Tbilisi,Georgia

Copper ores and concentrates, ferro-alloys and motor cars were Georgia’s top exported commodities in January-November 2017, shows the preliminary data from the National Statistics Office of Georgia (Geostat).

More specifically, between January and November of 2017, Georgia exported:

  • Copper ores and concentrates - worth $379.1 million, or 15.5 percent of total exports
  • Ferro-alloys - worth $285.4 million, or 11.7 percent of total exports
  • Motor cars - worth $197.1 million, or 8.1 percent of total exports

In the same period of this year Georgia's top imported commodities were:

  • Petroleum and petroleum oils (worth $617.3 million, or 8.7 percent of total imports)
  • Motor cars (worth $412.7 million or 5.8 percent of total imports)
  • Medicaments (worth $310.9 million, or 4.4 percent of total imports)

Which countries are Georgia’s top trade partners?

Turkey, Russia and China are Georgia’s top trade partners this year, says Geostat.

Georgia’s top 10 trade partners in January-November 2017 made for 66.5 percent of the country’s total trade turnover.

These following countries are filling the top three spots:

  1. Turkey ($1.41 billion)
  2. Russia ($1.05 billion)
  3. China ($834.3 million)

Trade with EU countries

Trade turnover with European Union (EU) countries increased by three percent year-on-year (y/y) and amounted to $2.56 billion, said Geostat.

Exports were worth $579.8 million (12.8 percent higher), while imports reached $1.98 billion (0.5 percent higher).

Trade with CIS countries

The external trade turnover of Georgia with the Commonwealth of Independent States (CIS) countries totalled $3.13 billion in January-November 2017 – 30.6 percent higher compared to the same period of 2016.

Exports were worth $1.03 billion (56.5 percent higher) while imports equalled $2.10 billion (20.8 percent higher).

More about the external trade of Georgia can be found here.