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Caucasus Georgia Monitoring

Georgia’s trade turnover with EU worth $211.5 million in January 2018

Georgia is strengthening its trade relations with the European Union (EU) and other countries.

Last month, trade turnover with EU countries increased by 6.6 percent year-on-year (y/y) and amounted to $211.5 million, shows the preliminary data from the National Statistics Office of Georgia (Geostat).

Exports were worth $64.2 million (21.4 percent higher), while imports reached $147.2 million (1.2 percent higher).

The share of the EU countries in the external trade turnover of Georgia amounted to 25.9 percent – 28.8 percent in exports and 24.8 percent in imports.

Georgia’s top exported commodities in January 2018 were:

  • Copper ores and concentrates (worth $34.1 million, or 15.3 percent of total exports)
  • Ferro-alloys (worth $27.3 million, or 12.3 percent of total exports)
  • Motor cars (worth $15.7 million, or seven percent of total exports.

Source