Georgia has exported locally produced goods worth $1.58 billion in January-April, up by 32.8% YoY, preliminary data from the National Statistics Office of Georgia showed.
Geostat said local exports in the country had accounted for 76.1% of total exports in the reporting period, amounting to $1.27 billion, up by 37.1%.
Georgia’s top trading partners were China – $277.2 million, Russia – $138.3 million and Bulgaria -$128.8 million.
The five largest domestic export goods of Georgia were copper ores and concentrates – $363.3 million (30.1% of total exports), ferroalloys – $195.4 million (16.2%), nitrogenous fertilizers – $128.3 million (10.6%), wine from fresh grapes – $60.3 million (+5%) and natural or artificial mineral and carbonated waters – $38.3 million (3.2%).
Vakhtang Tsintsadze, the Head of the Economic Analysis and Reforms Department at the Ministry of Economy and Sustainable Development, said stable growth of domestic exports “clearly indicates” growth of local production and “improved competitiveness”.
“Enhancing local production is a top priority of our economic policy, which in turn will help create new jobs and increase the income of the population”, Tsintsadze said. (Agenda/Business World Magazine)