Turkey ($562.4 million), China ($461.9 million) and Russia ($383.3 million) were the top trading partners of Georgia in its total external trade turnover in January-March, preliminary data from the National Statistics Office of Georgia showed.
Georgia’s top partners by exports in January-March were China ($220 million), Azerbaijan ($125.4 million) and Russia ($109.8 million), while the top markets by imports were Turkey ($463.2 million), Russia ($273.5 million) and China ($241.9 million).
The top export items were copper ores and concentrates – $271 million (+71%), ferroalloys – $160 million (+91.3%) and motorcars – $94.8 million (+9.6%).
The three top import commodities included petroleum and petroleum oils – $244 million (+71.6%), copper ores and concentrates – $222 million (+52.6%) and motorcars – $211 million (+7.1%).
In January-March, Georgian external trade turnover equaled $3.8 billion, up by 37.9% YoY.
The value of exports rose by 43.3% and equaled $1.1 billion in the reported period, while imports grew by 35.7%, amounting to $2.6 billion.
Trade deficit reached $1.5 billion, while the share of trade turnover hit 39.4%. (Agenda/Business World Magazine)