Georgia’s trade turnover with Turkey in 2021 amounted to $2.1 billion, up by 40% YoY, the National Statistics Office (Geostat) reported.
Thus, Turkey remained the top Georgian trade turnover partner over 2021, followed by Russia ($1.6 billion) and China ($1.4 million).
Turkey’s share accounted for 15% of the total foreign trade turnover of Georgia in 2021, while in 2020 this index accounted for 14.1%.
Georgia’s exports to Turkey in 2021, accounting for 7.6% of total exports, increased by 69.1%, to $322.2 million, compared to $190.5 million over 2020.
Turkey ranked fourth among main Georgia’s partners by exports. Meanwhile, China ($615.5 million), Russia ($610 million) and Azerbaijan ($531.7 million) were the top-3.
Georgian imports from Turkey over 2021, accounting for 18.1% of the total imports, increased by 29.6%, to $1.8 billion, compared to $1.4 billion over 2020.
Turkey remained Georgia’s main partner by imports, followed by Russia ($1 billion) and China ($864.8 million).
Georgia’s foreign trade turnover (excluding non-declared trade) in 2021 amounted to $14.3 billion, up by 25.6%. (Trend/Business World Magazine)