Georgia’s foreign trade up 25.6% in 2021 – Civil.ge

Georgia’s foreign trade turnover increased 25.6% year-on-year in 2021, equivalent to $14.3 billion, preliminary results show published by the National Statistics Office (Géostat) on 20 January.

Georgia’s exports rose 26.9% annually to $4.2 billion, while imports rose 25.1% to $10.1 billion. Meanwhile, the trade deficit was $5.8 billion, or 40.7% of total revenue.

Turkey tops the list of largest countries in Georgia trading partners in turnover, with 2.1 billion USD, followed by Russia with 1.6 billion USD, China with 1.5 billion USD, Azerbaijan with 1.1 billion USD and the United States United with 820 million USD.

China was Georgia’s largest trading partner in terms of exports with $615.6 million, followed by Russia with $610 million, Azerbaijan with $531.7 million, Turkey with $322 million. .2 million and Ukraine with 307.3 million.

Turkey, Russia, China, the United States and Azerbaijan were Georgia’s top trading partners in terms of imports, with US$1.8 billion, US$1 billion, US$864.9 million, US$625 respectively. .3 million USD and 604.4 million USD.

Copper ores and concentrates top the list of export products in 2021 with 815.4 million USD. It was followed by ferroalloys – 477.4 million USD; cars – 456.6 million USD; wine or fresh grapes – 239.3 million USD; spirits – 155.7 million USD; mineral waters – 141.8 million USD; nitrogen fertilizers – 119.5 million USD; walnuts – 118.3 million USD; medicines – 99.1 million USD; gold – 64.2 million USD; other goods – 1.6 billion.

Cars were first on the list of import items at $898.8 million; Petroleum Oil Tracking – $822.6 million; copper ores and concentrates – USD 736.1 million; medicines – 382 million USD; petroleum gas – 354.6 million USD; telephone sets – 222.2 million USD; automatic data processing machines – 147.7 million USD; vaccines, blood and immune products – 119.9 million USD; vehicles for the transport of goods – 105 million USD; cigars, cigarillos and cigarettes – 101.8 million USD; other basic products – 6.2 billion USD.

Georgia’s trade turnover had decreases 14.8% in 2020 compared to 2019.

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