Georgian domestic exports up 23.6% in January-April
Georgia has exported locally produced goods worth $1.96 billion in January-April 2023, which is 23.6 percent higher year-on-year. Photo: Nino Alavidze/Agenda.ge
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Georgia has exported locally produced goods worth $1.96 billion in January-April 2023, which is 23.6 percent higher year-on-year, the preliminary data from the National Statistics Office of Georgia show.
Geostat said local exports in the country had accounted for 50.3 percent of total exports in the reporting period, amounting to $986.8 million, 18.3 percent lower compared to January-April 2022.
Georgia’s top trading partners were:
- Russia - $178.5 million
- China - $147.9 million
- Turkey - $122.2 million
The largest domestic export goods of Georgia were as follows:
- Copper ores and concentrates - $253.1 million (or 25.6% of total exports)
- Ferro-alloys - $84.4 million (8.6%)
- Wine from fresh grapes - $78.4 million (7.9%)
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.”
The European Union market has been becoming “more stable and predictable” for Georgian exporters, increasing exports of goods to the EU countries to a “record” number, Georgian Deputy Economy Minister Genadi Arveladze said on Friday.
Turkey ($925.3 million), Russia ($848.5 million) and Azerbaijan ($500.9 million) were the top trading partners of Georgia in its total external trade turnover between January and April, preliminary data from the National Statistics office of Georgia shows.
Georgian Deputy Economy Minister Vakhtang Tsintsadze on Monday said exports from the country had reached a “record high” figure in the first four months of 2023.
Export of Georgian agricultural products to countries of the European Union is on the rise, with the Ministry of Agriculture data showing a 21 percent year-on-year increase in the figure in the first quarter of 2023.