Türkiye, Russia, China Georgia’s top trading partners in January-July 2022
Georgia's top partners by exports in January-July 2022 were China ($475.6 million), Azerbaijan ($351.5 million) and Russia ($339.1 million), while the top markets by imports were Türkiye ($1.22 billion), Russia ($874.9 million) and China ($619 million). Photo: Nino Alavidze/Agenda.ge
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Türkiye ($1.52 billion), Russia ($1.21 billion) and China ($1.09 billion) were the top trading partners of Georgia in its total external trade turnover in January-July 2022, preliminary data from the National Statistics Office of Georgia show.
Georgia's top partners by exports in January-July 2022 were China ($475.6 million), Azerbaijan ($351.5 million) and Russia ($339.1 million), while the top markets by imports were Türkiye ($1.22 billion), Russia ($874.9 million) and China ($619 million).
The top export items were the following:
- Copper ores and concentrates - $621 million (+20%)
- Motor cars - $370.8 million (+12)
- Ferro-alloys - $354.3 million (+11.4%)
The three top import commodities include:
- Motor cars - $759.7 million (+10.7)
- Petroleum and petroleum oils - $718.8 million (+10.1%)
- Copper ores and concentrates - $490.9 million (+6.9%)
In January-July 2022, Georgian external trade turnover equalled $10.18 billion, posting an increase of 35.3 percent year-on-year.
The value of exports rose by 36.4 percent and equalled $3.10 billion in the reported period, while imports also grew by 34.8 percent, amounting to $7.08 billion.
Trade deficit, a measure of the negative balance of trade in which imports exceed exports, reached $3.98 billion, while the share of trade turnover hit 39.1 percent.
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