20 April 2024,   07:57
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Georgia’s external merchandise trade up 32% in January-November 2022 - GeoStat

In January-November 2022 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 17 018.2 million, 32.2% higher to the same period of 2021. The exports equaled USD 5 037.1 million (31.8%), while the imports stood at USD 11 981.1 million (32.4%). The negative trade balance was USD 6 944.1 million in January-November 2022 and its share in external trade turnover constituted 40.8%, reads the report of GeoStat.

In January-November 2022 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 78.9%. The top partners were China (USD 660.7 million), Russia (USD 597.9 million) and Azerbaijan (USD 595.5 million).

In January-November 2022 the share of the top ten trading partners by imports in the total imports of Georgia amounted to 67.3%. The top partners were Türkiye (USD 2 143.2 million), Russia (USD 1 607.8 million) and China (USD 1 017.7 million).

In January-November 2022 the share of the top ten trading partners in the total external trade turnover of Georgia amounted to 68.9%. The top trading partners were Türkiye (USD 2 552.9 million), Russia (USD 2 205.8 million) and China (USD 1 678.4 million).

In January-November 2022 copper ores and concentrates reclaimed the first place in the list of top export items, equaling USD 932.9 million with 18.5% of total exports. The exports of motor cars totaled USD 762.8 million and their share in the total exports amounted to 15.1%. The exports ferro-alloys occupied the third place standing at USD 454.8 million and constituting 9.0% of the total exports.

The top import commodities in January-November 2022 were motor cars whose imports equaled USD 1 391.1 million (11.6% of the total imports). The petroleum and petroleum oils followed in the list with USD 1 235.6 million (10.3% of imports). The copper ores and concentrates were third in the top import commodity list with USD 725.4 million (6.1% of imports).

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