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Georgia’s Statistics Office Releases Trade Data for Q3

Wednesday, December 20
(TBILISI) -- Copper ore and concentrates, ferroalloys and motor cars were Georgia’s top exported commodities in January-November, according to preliminary data from the National Statistics Office Geostat.

During the time period, Georgia exported $379.1 million worth of copper ore and concentrates - worth $379.1 million, $285.4 million in ferroalloys and $197.1 million worth of automobiles. In the same period of this year Georgia's top imported commodities were:

• The total number of petroleum and petroleum oil imports amounted to $617.3 million, while pharmaceutical imports totaled $310.9 million.

Despite Georgia’s continued attempts to orient itself towards the West and to further its integration with Europe, the country’s top trade partners for the first nine months of 2017 were Turkey ($1.41 billion), Russia ($1.05 billion) and China ($834.3 million), according to Geostat.

The three countries accounted for 66.5 percent of Georgia’s total trade turnover.

Trade turnover with European Union increased three percent year-on-year, amounting to $2.56 billion, including $579.8 million in exports and $1.98 billion worth of imports.

Trade turnover with members of the post-Soviet Commonwealth of Independent States totaled $3.13 billion, a 30.6 percent year-on-year increase. Exports were worth $1.03 billion, while imports totaled $2.10 billion. (