Turkey, Russia, Azerbaijan – Georgia’s top trading partners in 2018

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-March 2018 made for 67.1 percent of the country’s total trade turnover, with Turkey ($404.6 million), Russia ($311.1 million) and China ($270.2 million) filling the top three spots.

Overall, Georgia’s external trade grew by 23.3 percent this year and reached $2.82 billion in January-March 2018.

Trade with EU countries

Trade turnover with EU countries increased by 27.6 percent year-on-year (y/y) and amounted to $820.1 million, said Geostat.

Exports were worth $209.4 million (31.4 percent higher), while imports reached $610.7 million (26.4 percent higher).

Trade with CIS countries

The external trade turnover of Georgia with the Commonwealth of Independent States (CIS) countries totalled $976.9 million in January-March 2018 – 30 percent higher compared to the same period of 2017.

Exports were worth $303 million (48 percent higher) while imports equalled $673.9 million (23.2 percent higher).

What are Georgia's main exports?

Georgia's top exported commodities in January-March 2018 were:

• Copper ores and concentrates (worth $118.8 million, or 16 percent of total exports)
• Ferro-alloys (worth $85.1 million, or 11.5 percent of total exports)
• Motor cars (worth $64.9 million, or 8.8 percent of total exports)

What are Georgia's main imports?

Georgia's top imported commodities were:

• Petroleum and petroleum oils (worth $186.9 million, or nine percent of total imports)
• Petroleum gases (worth $127.4 million, or 6.1 percent of total imports)
• Motor cars (worth $118 million or 5.1 percent of total imports)