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Georgia’s external trade up 18% in January-March

Thursday, April 20
Turkey, Russia and Azerbaijan were Georgia’s top trade partners this year, shows preliminary data from the National Statistics Office of Georgia (Geostat).

Georgia’s top 10 trade partners in January-March 2017 made for 66 percent of the country’s total trade turnover, with Turkey ($331 million), Russia ($255 million) and Azerbaijan ($207 million) filling the top three spots.

Trade with EU countries

Trade turnover with European Union (EU) countries increased by 26 percent year-on-year (y/y) and amounted to $641 million, said Geostat.

Exports were worth $159 million (44 percent higher), while imports reached $481 million (21 percent higher).

Trade with CIS countries

The external trade turnover of Georgia with the Commonwealth of Independent States (CIS) countries totalled $751 million in January-March 2017 – a 35 percent higher compared to the same period of 2016.

Exports were worth $205 million (59 percent higher) while imports equalled $546 million (27 percent higher).

What are Georgia's main exports?

Georgia's top exported commodities in January-March 2017 were:
• Copper ores and concentrates (worth $98 million, or 17 percent of total exports)
• Ferro-alloys (worth $81 million, or 14 percent of total exports)
• Motor cars (worth $35 million, or six percent of total exports)

What are Georgia's main imports?

Georgia's top imported commodities were:
• Petroleum gases and other gaseous hydrocarbons (worth $138 million, or eight percent of total imports)
• Petroleum and petroleum oils (worth $122 million, or seven percent of total imports)
• Motor cars (worth $105 million or six percent of total imports) (