China, Turkey, Azerbaijan Georgia's top trading partners in Jan. 2021
Georgia’s external trade turnover amounted to $763.9 million in January 2021, which is 16.3% lower compared to the same period of the last year. Photo: Nino Alavidze/Agenda.ge.
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China ($126.5 million), Turkey ($114.3 million) and Azerbaijan ($ 86.2 million) are Georgia's top trading partners in total external trade turnover in January 2021, show preliminary data from the National Statistics Office of Georgia.
Last month Georgia's top trading partners by exports were Azerbaijan ($34.4 million), Bulgaria ($27 million) and China ($26.9 million), while top trading partners by imports were China ($99.6 million), Turkey ($92.9 million) and Russia ($55.6 million).
The top three export items were the following:
- Copper ores and concentrates - $49.7 million, 22.1% of total exports
- Motor cars totalled - $24.9 million, 11.1% of total exports
- Ferro-alloys - $23.3 million, 10.4% of total exports
The top import commodities were as follows:
- Petroleum gases and other gaseous hydrocarbons - $46.3 million, 8.6% of total imports
- Moving, grading, extracting or boring machinery, for earth, minerals or ores - $40.8 million, 7.6% of total imports
- Petroleum and petroleum oils - $36.6 million, 6.8% of total imports
Overall, Georgia’s external trade turnover amounted to $763.9 million in January 2021, which is 16.3% lower compared to the same period of the last year.
The value of exports decreased 16.2% and totalled $224.4 million, while imports also decreased 16.4%, amounting to $539.4 million.
Georgia’s external trade turnover amounted to $11.34 billion in 2020, which is a decrease of 14.8 per cent compared to last year, show preliminary data from the National Statistics Office of Georgia (Geostat).
Georgia-made products that include Turkish raw inputs will be exported to the EU under the Free Trade Agreement as diagonal cumulation, signed between Georgia, EU and Turkey on March 20, 2018 is entering into force ‘in the nearest future’, announces the Ministry of Economy of Georgia.
Georgia’s external trade turnover amounted to $763.9 million in January 2021, which is 16.3% lower compared to the same period of the last year, show preliminary data from the National Statistics Office of Georgia (Geostat).
China is Georgia's top trading partner by exports in 2020, show the preliminary data from the National Statistics Office of Georgia (Geostat).
Georgia exported locally produced goods worth $224.4 million in January 2021, which is 16.2% lower year-on-year, announces the National Statistics Office of Georgia (Geostat).
Georgia’s external trade turnover amounted to $1.65 billion in January-February 2021, which is 12% lower compared to the same period of the last year, show preliminary data from the National Statistics Office of Georgia (Geostat).
Turkey ($248.5 million), Russia ($202.7 million) and China ($193.7 million) are Georgia's top trading partners in total external trade turnover in January-February 2021, show preliminary data from the National Statistics Office of Georgia.
Trade and economic relations between Georgia and China were discussed on Friday in a meeting of the Georgian Prime Minister Irakli Garibasvhili and Zhou Qian, the newly appointed Ambassador of China to Georgia.