Georgian foreign trade turnover increases
Wednesday, January 26According to information of the National Statistics Service Georgia’s foreign trade turnover reached USD 6.678 billion in 2010, which is encouraging since it is 21% higher than in 2009. Of this figure exports amount to USD1.583 billion – 40% higher than last year. Imports also increased by 17%, reaching just over USD 5 billion. According to 2010 data the Georgia's largest trading partner is still Turkey – with a turnover of USD 1 billion; second is Azerbaijan – USD 708 million and in third place is Ukraine with USD 662 million.
Major export items from Georgia are Ferro alloys and the re-export of cars, followed by scrap metal. As for imports, the main imports into Georgia are oil and oil products; then cars and thirdly medical items.