Georgia’s trade turnover with EU states in January-September decreased by 4.6%
Exports from Georgia to the EU-member states in January-September increased by 16.3% y/y to USD 620.1 million, while imports constituted USD 1.7 billion, which is 10.6% lower than last year.
Trade turnover with the EU-member states amounted to USD 1 667.5 million, which is a 4.6% decrease over the same period of last year.
Trade turnover with the Commonwealth of Independent States (CIS) increased by 0.9% y/y to USD 3 135.6 million. Georgia’s exports to CIS countries were up by 23.2% y/y to USD 1 430.9 million, and imports decreased by 12.4% to USD 1 704.7 million.
The share of the top ten trading partners by exports in the total exports of Georgia amounted to 72.6 percent. The top partners were Russia (USD 371.1 million), Azerbaijan (USD 355.1 million) and Armenia (USD 261.3 million).
In January-September 2019, the share of the top ten trading partners by imports in the total imports of Georgia amounted to 65.9 percent. The top partners were Turkey (USD 1 138.8 million), Russia (USD 661.4 million) and China (USD 647.2 million).
The share of the top ten trading partners in the total external trade turnover of Georgia amounted to 66.7 percent. The top trading partners were Turkey (USD 1 296.8 million), Russia (USD 1 032.5 million) and China (USD 772.4 million).
Copper ores and concentrates reclaimed the first place in the list of top export items, equaling USD 476.4 million or 17.5 percent of total exports. The exports of motor cars totaled USD 454.3 million and their share in the total exports amounted to 16.7 percent. The ferro-alloys exports occupied the third place standing at USD 240.0 million and constituting 8.8 percent of the total exports.
The top import commodities in January-September 2019 were petroleum and petroleum oils whose imports equaled USD 543.2 million (8.4 percent of the total imports). The motor cars followed in the list with USD 483.2 million or 7.5 percent of imports. The copper ores and concentrates were third in the top import commodity list with USD 412.4 million (6.4 percent of imports).
