Foreign trade: what and with whom does Georgia trade

2019/11/46506-1574233805.jpg
Read: 931     14:00     20 Ноябрь 2019    

Georgia exports most of its products to Russia and imports most of its goods from Turkey

Georgia's foreign trade turnover from January to October 2019 increased by 0.5% compared to the same period in 2018 and amounted to almost $ 10.4 billion (excluding unorganized trade), according to the materials of the National statistics service of the country "Sakstat" (Gruzstat).

Exports of Georgian products for ten months exceeded $ 3 billion, that is 10.4% more than last year. Exports without re-exports since the beginning of the year increased by 1.9% compared to January-October 2018 and amounted to about 1.9 billion dollars.

At the same time, imports decreased by 3.1% and amounted to more than 7.3 billion dollars.

The negative trade balance of Georgia from January to October 2019 amounted to about 4.3 billion dollars, which represents 41.4% of the total foreign trade turnover.

What trades

A wide range of goods are exported from Georgia – the country supplies copper ores and concentrates, natural grape wines, ferroalloys, mineral waters, medicines, cars, processed or semi-processed gold, forest and other nuts, etc.

Exports of copper ores and concentrates in January-October 2019 increased by 24.7%, cars — by 65.4%, medicines – by 23.7%, natural grape wines-by 12.7% and so on. At the same time, exports of ferroalloys fell by 16.5%.

Main trading partner

The largest trading partners of Georgia since the beginning of 2019 are Turkey, Russia and China-in General, the turnover with these countries from January to October 2019 amounted to more than 3.5 billion dollars, which is more than 34% of the total trade turnover.

 

Sputnik-georgia.ru





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Foreign trade: what and with whom does Georgia trade

2019/11/46506-1574233805.jpg
Read: 932     14:00     20 Ноябрь 2019    

Georgia exports most of its products to Russia and imports most of its goods from Turkey

Georgia's foreign trade turnover from January to October 2019 increased by 0.5% compared to the same period in 2018 and amounted to almost $ 10.4 billion (excluding unorganized trade), according to the materials of the National statistics service of the country "Sakstat" (Gruzstat).

Exports of Georgian products for ten months exceeded $ 3 billion, that is 10.4% more than last year. Exports without re-exports since the beginning of the year increased by 1.9% compared to January-October 2018 and amounted to about 1.9 billion dollars.

At the same time, imports decreased by 3.1% and amounted to more than 7.3 billion dollars.

The negative trade balance of Georgia from January to October 2019 amounted to about 4.3 billion dollars, which represents 41.4% of the total foreign trade turnover.

What trades

A wide range of goods are exported from Georgia – the country supplies copper ores and concentrates, natural grape wines, ferroalloys, mineral waters, medicines, cars, processed or semi-processed gold, forest and other nuts, etc.

Exports of copper ores and concentrates in January-October 2019 increased by 24.7%, cars — by 65.4%, medicines – by 23.7%, natural grape wines-by 12.7% and so on. At the same time, exports of ferroalloys fell by 16.5%.

Main trading partner

The largest trading partners of Georgia since the beginning of 2019 are Turkey, Russia and China-in General, the turnover with these countries from January to October 2019 amounted to more than 3.5 billion dollars, which is more than 34% of the total trade turnover.

 

Sputnik-georgia.ru





Tags: