Georgian domestic exports up 47.6% in January 2022
Geostat said local exports in the country had accounted for 69.9 percent of total exports in the reporting period, amounting to $231.5 million, 39.1 percent higher compared to January 2021. Photo: Nino Alavidze/Agenda.ge.
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Georgia has exported locally produced goods worth $331.3 million in January 2022, which is 47.6 percent higher year-on-year, the preliminary data from the National Statistics Office of Georgia (Geostat) show.
Geostat said local exports in the country had accounted for 69.9 percent of total exports in the reporting period, amounting to $231.5 million, 39.1 percent higher compared to January 2021.
Image: Geostat.
Georgia’s top trading partners were:
- Bulgaria - $49.5 million
- Russia - $35 million
- Turkey - $26.2 million
- Ukraine - $25.6 million
- China - $25.3 million
The five largest domestic export goods of Georgia are as follows:
- Copper ores and concentrates - $66.3 million (+33.5%)
- Ferro-alloys - $31.4 million (+34.9%)
- Nitrogenous fertilizers - $17.6 million (+195.1%)
- Wine from fresh grapes - $14.7 million (+71.8%)
- Natural or artificial mineral and carbonated waters - $11.3 million (+28.8%)
The largest increase in January 2022 was recorded in the export of nitrogenous fertilisers with 195.1 percent increase and in the export of gold which totalled $6.7 million, amounting to 153.1 percent increase year-on-year.
Export of hazelnuts and other nuts totalled $7.5 million in January 2022, which is seven percent higher year-on-year.
Georgian Economy Minister Levan Davitashvili stressed the importance of local production calling it the “main employer” in the country, adding “behind each increased percentage or number of exports are many people employed in Georgian enterprises.” He further noted the exports in Georgia “significantly” increased totalling 39 percent, highlighting “this is a net export, which actually generates additional value in Georgia.”
Turkey ($168.7 million), Russia ($128.6 million) and Azerbaijan ($122 million) are the top trading partners of Georgia in total external trade turnover in January 2022, preliminary data from the National Statistics Office of Georgia (Geostat) show.
Georgian external trade turnover amounted to $1.1 billion in January 2022, an increase of 41.1 percent year-on-year, latest data from the National Statistics Office of Georgia (Geostat) shows.
Georgia exported 5,3 million bottles of wine to 35 countries in January 2022, 51 percent more compared to the same period from last year, the Ministry of Agriculture and Environmental Protection announced on Tuesday.
Georgia has exported 18,400 tonnes of hazelnuts between August 1, 2021, and January 23, 2022, which is a 28% increase compared to the same period of last year, the Georgian Ministry of Agriculture and Environmental Protection announces.
Turkey (2.1 billion USD), Russia (1.6 billion USD) and China (1.4 billion USD) are the top trading partners of Georgia in total external trade turnover in 2021, preliminary data from the National Statistics Office of Georgia (Geostat) show.
The estimated real Gross Domestic Product (GDP) of Georgia increased by 18 percent in January 2022 year-on-year, the latest data from the National Statistics Office of Georgia (Geostat) shows.
Georgia will export both animal and plant products, including small and large cattle and locally produced honey, to Saudi Arabia, the Head of the National Food Agency Zurab Chekurashvili announced earlier today.
Georgia’s “unprecedented” economic growth this year should be maintained and increased, Prime Minister Irakli Garibashvili said at the Government meeting on Monday.
The trends and dynamics of the economic growth, exports and tourism in Georgia were at the top of the agenda of a meeting between Georgian Prime Minister Irakli Garibashvili and chairpersons of the Business Association and Georgian banks on Tuesday.
Georgia is dependent on import of dairy products “to some extent”, and enterprises in the country have no resources to export such goods on various markets, Georgian Agriculture Minister Otar Shamugia said on Wednesday.
Georgian external trade turnover amounted to $2.5 billion in January-February 2022, an increase of 49.2 percent year-on-year, latest data from the National Statistics Office of Georgia (Geostat) shows.
Georgia has exported locally produced goods worth $760.4 million in January-February 2022, which is 54.5 percent higher year-on-year, preliminary data from the National Statistics Office of Georgia (Geostat) show.
Turkey ($354.4 million), Russia ($274.6 million) and Azerbaijan ($248.8 million) are the top trading partners of Georgia in total external trade turnover in January-February 2022, preliminary data from the National Statistics Office of Georgia (Geostat) show.
Georgia has exported locally produced goods worth $1.58 billion between January-April, which is a 32.8 percent increase year-on-year, preliminary data from the National Statistics Office of Georgia show.