Georgia’s external trade up 18%:
Turkey, Russia, Azerbaijan – top trading partners
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Turkey, Russia and Azerbaijan were Georgia’s top trade partners this year, shows preliminary data from the National Statistics Office of Georgia (Geostat).
Georgia’s top 10 trade partners in January-February 2017 made for 67 percent of the country’s total trade turnover, with Turkey ($198 million), Russia ($163 million) and Azerbaijan ($146 million) filling the top three spots.
Trade with EU countries
Trade turnover with European Union (EU) countries increased by 15 percent year-on-year (y/y) and amounted to $375 million, said Geostat.
Exports were worth $102 million (31 percent higher), while imports reached $274 million (10 percent higher).
Trade with CIS countries
The external trade turnover of Georgia with the Commonwealth of Independent States (CIS) countries totalled $497 million in January-February 2017 – a 40 percent higher compared to January 2016.
Exports were worth $129 million (75 percent higher) while imports equalled $367 million (31 percent higher).
What are Georgia's main exports?
Georgia's top exported commodities in January-February 2017 were:
- Copper ores and concentrates (worth $58 million, or 16 percent of total exports)
- Ferro-alloys (worth $53 million, or 15 percent of total exports)
- Natural wines (worth $20 million, or six percent of total exports)
What are Georgia's main imports?
Georgia's top imported commodities were:
- Petroleum gases and other gaseous hydrocarbons (worth $109 million, or 10 percent of total imports)
- Petroleum and petroleum oils (worth $70 million, or seven percent of total imports)
- Copper ores and concentrates (worth $59 million or six percent of total imports)
Georgia’s external trade in January-February 2017
Georgia’s external trade grew by 18 percent this year and reached $1.4 billion in January-February 2017.
This year the value of Georgia’s exports increased by 27 percent to $356 million, while the value of imports also increased 15 percent to $1.06 billion with respect to January-February 2016.
Georgia’s trade deficit equalled $712 million this year, which was a 50 percent share of the country's total trade turnover.
Trade deficit is an economic measure of the negative balance of trade in which a country's imports exceed its exports.
Canada, Turkey and Russia were Georgia’s top trade partners in 2016, shows preliminary data from the National Statistics Office of Georgia (Geostat).
Canada, Turkey and Russia – top trading partners
Georgia’s external trade has grown 22 percent in the first 11 months of the year to reach $10.83 billion, shows latest data from the National Statistics Office of Georgia (Geostat).
Georgia’s external trade has grown 22 percent in the first 10 months of the year, reaching $9.95 billion, shows latest data from the National Statistics Office of Georgia (Geostat).
Between January and September 2016 Georgia's external trade turnover with European Union countries reached $2.5 billion.
Georgia’s external trade grew by 18 percent this year and reached $2.2 billion in January-March 2017, says the National Statistics Office of Georgia (Geostat).
Turkey, Russia and Azerbaijan were Georgia’s top trade partners this year, shows preliminary data from the National Statistics Office of Georgia (Geostat). Georgia’s top 10 trade partners in January-March 2017 made for 66 percent of the country’s total trade turnover, with Turkey ($331 million), Russia ($255 million) and Azerbaijan ($207 million) filling the top three spots.
Prime Minister of Turkey Binali Yildirim is set to pay an official visit to Georgia today. An official welcoming ceremony will take place at the Government Administration’s building in central Tbilisi on Tuesday morning.
Georgia’s external trade grew by 15 percent this year and reached $3,945 million in January-May 2017, says the National Statistics Office of Georgia (Geostat).
Georgia’s top 10 trade partners in January-May 2017 made for 65.8 percent of the country’s total trade turnover, with Turkey ($591.1 million), Russia ($430.5 million) and Azerbaijan ($316.3 million) filling the top three spots.
Georgia’s external trade grew by 13.8 percent this year and reached $4829.9 million in January-June 2017, says the National Statistics Office of Georgia (Geostat).
Georgia’s external trade grew by 13 percent this year and reached $5674.7 million in January-July 2017, says the National Statistics Office of Georgia (Geostat).
Turkey, Russia and China are Georgia’s top trade partners this year, shows preliminary data from the National Statistics Office of Georgia (Geostat).