Turkey, China, Russia Georgia’s top trading partners in January-March 2022
In January-March 2022, Georgian external trade turnover equalled $3.8 billion, posting an increase of 37.9 percent year-on-year. Photo: Nino Alavidze/Agenda.ge
Tweet 
Share
Turkey ($562.4 million), China ($461.9 million) and Russia ($383.3 million) were the top trading partners of Georgia in its total external trade turnover in January-March 2022, preliminary data from the National Statistics Office of Georgia show.
Georgia's top partners by exports in January-March 2022 were China ($220 million), Azerbaijan ($125.4 million) and Russia ($109.8 million), while the top markets by imports were Turkey ($463.2 million), Russia ($273.5 million) and China ($241.9 million).
The top export items were the following:
- Copper ores and concentrates - $271 million (+71)
- Ferro-alloys - $160 million (+91.3)
- Motor cars - $94.8 million (+9.6%)
The three top import commodities include:
- Petroleum and petroleum oils - $244 million (+71.6)
- Copper ores and concentrates - $222 million (+52.6%)
- Motor cars - $211 million (+7.1%)
Image: Geostat
In January-March 2022, Georgian external trade turnover equalled $3.8 billion, posting an increase of 37.9 percent year-on-year.
The value of exports rose by 43.3 percent and equalled $1.1 billion in the reported period, while imports also grew by 35.7 percent, amounting to $2.6 billion.
Trade deficit, a measure of the negative balance of trade in which imports exceed exports, reached $1.5 billion, while the share of trade turnover hit 39.4 percent.
The nominal gross domestic product (GDP) of Georgia amounted to 60.23 billion GEL ($18.7bln/€16.94bln) in 2021, up by 22.3 percent year-on-year, while the real growth of GDP also increased by 10.4 percent, the preliminary data from the National Statistics Office of Georgia (Geostat) show.
Georgia’s previous 80 percent dependence on wine exports to the Russian market has dropped to 57 percent, Otar Shamugia, the Georgian Agriculture Minister, said on Monday.
The first batch of Georgian snails has been exported from Georgia to Italy, with the shipment including up to three tonnes of the product, the Georgian National Food Agency announced on Friday.
Georgian external trade turnover amounted to $3.8 billion in January-March 2022, posting a 38 percent increase year-on-year, the National Statistics Office of Georgia (Geostat) revealed on Wednesday.
The number of people in Georgia who believe the country should limit its economic ties with Russia has increased by 16 percent, a new survey published by the National Democratic Institute on Thursday shows.
Georgian external trade turnover amounted to $5.25 billion in January-April 2022, posting a 33.4 percent increase year-on-year, the National Statistics Office of Georgia (Geostat) revealed on Friday.
Turkey ($766.3 million), China ($614.7 million) and Russia ($559.7 million) are the top trading partners of Georgia in total external trade turnover in January-April 2022, preliminary data from the National Statistics Office of Georgia show.
More than 100 Turkish entrepreneurs, potential investors and representatives of the country’s business community will visit Georgia on Friday to join the Turkey-Georgia Business Forum, the Ministry of Foreign Affairs of Georgia announced on Thursday.