Turkey, Russia, China Georgia's top trading partners in Jan-Feb 2021

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.

In the reporting period Georgia's top trading partners by exports were Russia ($71.1 million), Azerbaijan ($66.4 million) and China ($53.8 million), while top trading partners by imports were Turkey ($203.3 million), China ($139.9 million) and Russia ($131.6 million).

The top three export items were the following:

• Copper ores and concentrates - $94.5 million, 19.1% of total exports
• Ferro-alloys totalled - $52.1 million, 10.5% of total exports
• Motor cars - $50 million, 10.1% of total exports

The top import commodities were as follows:

• Motor cars - $98.2 million, 8.5% of total imports
• Petroleum gases and other gaseous hydrocarbons - $90 million, 7.8% of total imports
• Petroleum and petroleum oils - $83.5 million, 7.2% of total imports

Overall, 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.

The value of exports decreased 6.8% and totalled $494.7 million, while imports also decreased 14.1%, amounting to $1.15 billion.

The trade deficit of Georgia in January-February 2021 amounted to $664.6 million which is 40.2% of total trade turnover.