What were Georgia’s main exports and imports in Jan-March 2019?

What were Georgia’s main exports and imports in Jan-March 2019?

Copper ores and concentrates, motor cars and ferroalloys are Georgia’s top export items in January-March 2019, announces the National Statistics Office of Georgia (Geostat).

More specifically, copper ores and concentrates reclaimed the first place in the list of top export items, equalling $135.6 million, or 16.4% of total exports.

The re-export of motor cars totalled $99.1 million and their share in the total exports amounted to 12%.

The ferroalloys exports occupied the third place standing at $95.6 million and constituting 11.6% of the total exports.

In the same period top import commodities were:

  • Petroleum and petroleum oils (worth $150.4 million, or 7.6% of total imports)
  • Petroleum gases (worth $131.5 million, or 6.6% of total imports)
  • Copper ores and concentrates (worth $120.2 million or 6.1% of total imports)

In January-March Georgia’s top trading partners were:

  • Turkey ($373.3 million)
  • Russia ($327 million)
  • Azerbaijan ($272.5 million)

Trade with EU countries

Trade turnover with European Union (EU) countries increased by 14.9% year-on-year (y/y) and amounted to $698.1 million, said Geostat.

Exports were worth $196 million (6.4% higher), while imports reached $502.2 million (17.8% higher).

Trade with CIS countries

The external trade turnover of Georgia with the Commonwealth of Independent States (CIS) countries totalled $992.2 million in January-March 2019 – 2.4% higher compared to the same period of 2018.

The exports to the CIS countries stood at $416.1 million (37.4% higher), while imports equalled $576.1 million (13.5% lower).

img

admin

Related posts

Georgian economy grows 5% in June 2019

The Georgian GDP has increased 5% in June 2019, show the latest data from the National...

Continue reading
by admin

Georgia among top 50 in Global Innovation Index 2019 rankings for first time

Georgia has been put on the list of top 50 countries under the Global Innovations Index rankings in...

Continue reading
by admin

Georgia’s external trade at $5.96 bln in Jan-June 2019

Georgia’s external trade decreased by 0.6 percent and reached $5.96 billion in January-June...

Continue reading
by admin

Join The Discussion