Georgian domestic exports up 54.5% in January-February 2022
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. Photo: Nino Alavidze/Agenda.ge
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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.
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.
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.
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.
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.
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.
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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.
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