China, Azerbaijan and Russia - Georgia's largest export trio

China, Azerbaijan and Russia - Georgia's largest export trio
China, Azerbaijan and Russia - Georgia's largest export trio

According to the National Statistics Office of Georgia, in January-November of 2020, the foreign trade turnover of goods in Georgia (excluding undeclared trade) amounted to 10,202.4 million USD, which is 14.6 percent less than the previous year. Out of this, export is 3 016.4 million USD (11.3 percent less), while imports amounted to 7 186.0 million USD (15.9 percent less). Georgia's negative trade balance in January-November 2020 amounted to 4,169.5 million USD, which is 40.9 percent of foreign trade turnover.

In January-November 2020, the ten largest exporting countries' share in Georgia's total exports amounted to 76.4 percent. The largest export trio is as follows: China (445.9 million USD), Azerbaijan (399.6 million USD), and Russia (396.6 million USD).

In January-November 2020, the ten largest import partner countries' share in Georgia's total imports was 70.0 percent. The top three include Turkey ($ 1,257.9 million), Russia ($ 789.1 million), and China ($ 646.3 million).

In January-November 2020, the share of the ten largest trading partners in Georgia's total foreign trade turnover amounted to 70.4 percent. The country's largest trading partners are: Turkey ($ 1,429.3 million), Russia ($ 1,185.7 million) and China ($ 1,092.2 million).

In January-November 2020, copper ores and concentrates took first place in the top ten export commodity groups with 677.2 million US dollars, accounting for 22.4 percent of total exports. The second place is taken by cars with 364.8 million. USD (12.1 percent of total exports), and in third place are ferroalloys with 231.6 million US dollars (7.7 percent).

The largest import commodity group in January-November 2020 was presented in the form of passenger cars, whose imports amounted to 680.7 million USD and accounted for 9.5 percent of total imports. The second place went to copper ores and concentrates 494.2 million USD (6.9 percent of imports), while the third-place goes to oil and oil products 451.0 million US dollars (6.3 percent of imports).

If you find out orphographic mistake in the text, please select mistaken part of the text and press Ctrl + Enter.

Last added

Latest news