Georgian domestic exports up 54.5% in January-February 2022

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. 

Local exports in the country accounted for 73.1 percent of total exports in the reporting period, amounting to $555.8 million, 51.7 percent higher compared to January-February 2021, Geostat said. 

Image: Geostat

Georgia’s top trading partners were:

• China - $90 million
• Bulgaria - $83.7 million
• Russia - $80.2 million 
• Turkey - $55.9 million
• The United States - $39.2 million

The five largest domestic export goods of Georgia are as follows:

• Copper ores and concentrates - $156.3 million (+65.4%)
• Ferro-alloys - $100.5 million (+92.7%)
• Nitrogenous fertilisers - $58.2 million (+214.3%)
• Wine of fresh grapes - $33.2 million (+43.9%)
• Natural or artificial mineral and aerated waters -  $23.3 million (+26.6%)

The largest increase in January-February 2022 was recorded in the export of nitrogenous fertilisers - with a 214.3 percent increase - and in the export of precious metal ores and concentrates - which totalled $10.5 million, amounting to a 101.2 percent increase year-on-year.

Reduction was registered in the export of hazelnuts and other nuts, which totalled $13 million in January-February 2022, marking a 17.3 percent decrease year-on-year.