What were Georgia’s main exports and imports in Jan-Nov 2018?
This year the value of Georgia’s exports increased by 24% to $3.03 billion. Photo: N.Alavidze/Agenda.ge.
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Copper ores and concentrates, motor cars and ferro-alloys were Georgia’s top exported commodities in January-November 2018, shows the preliminary data from the National Statistics Office of Georgia (Geostat).
More specifically, between January and November of 2018, Georgia exported:
- Copper ores and concentrates - worth $461.4 million, or 15.2% of total exports
- Motor cars - worth $356.6 million, or 11.8% of total exports
- Ferro-alloys - worth $318.8 million, or 10.5% of total exports
In the same period of this year Georgia's top imported commodities were:
- Petroleum and petroleum oils (worth $794.4 million, or 9.6% of total imports)
- Motor cars (worth $533.1 million or 6.4% of total imports)
- Copper ores and concentrates (worth $378.7 million, or 4.6% of total imports)
Trade with EU countries
Trade turnover with European Union (EU) countries increased by 16.9% year-on-year (y/y) and amounted to $3.01 billion, said Geostat.
Exports were worth $658.9 million (12% higher), while imports reached $2.35 billion (18.4% higher).
Trade with CIS countries
The external trade turnover of Georgia with the Commonwealth of Independent States (CIS) countries totalled $3.94 billion in January-November 2018 – 27.3% higher compared to the same period of 2017.
Exports were worth $1.49 billion (44% higher) while imports equalled $2.45 billion (18.9% higher).
Overall, Georgia’s external trade grew by 18.6% this year and reached $11.32 billion in January-November 2018, says Geostat.
This year the value of Georgia’s exports increased by 24% to $3.03 billion, while the value of imports also increased 16.8% to $8.29 billion with respect to January-November 2017, said Geostat.
Georgia’s trade deficit equalled $5.25 billion this year, which was a 46.4% share of the country's total trade turnover.
Turkey ($1.55 billion), Russia ($1.25 billion) and China ($967 million) were Georgia’s top trade partners in January-November 2018, says Geostat.
Georgia’s external trade with EU up 18.6%, with CIS up 27.4%
Georgia is increasing its role as an important trade partner for the European Union (EU), the Commonwealth of Independent States (CIS) and other countries.
Georgia’s external trade grew by 20.5% this year and reached $10.30 billion in January-October 2018, says the National Statistics Office of Georgia (Geostat).
Georgia is strengthening trade relations with the European Union (EU), to where in January-September of 2018 exports from Georgia amounted to $533 million – 13.2% higher year-on-year.
Georgia’s external trade grew by 20.8 per cent this year and reached $9.12 billion in January-September 2018, says the National Statistics Office of Georgia (Geostat). This year the value of Georgia’s exports increased by 25.7 percent to $2.44 billion, while the value of imports also increased 19.1 per cent to $6.67 billion with respect to January-September 2017, said Geostat.
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.
The export of Georgian agricultural products marked new records in 2018, announces the Ministry of Environmental Protection and Agriculture of Georgia.
What does last year look like in numbers?
The director of the National Statistics Office of Georgia (Geostat) Gogita Todradze summirised 2018 and highlighted Georgia’s main statistical data from the past year earlier today.