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Georgia increases import of petroleum and petroleum oils from Russia

Business Materials 19 December 2019 18:00 (UTC +04:00)
Georgia increases import of petroleum and petroleum oils from Russia

BAKU, Azerbaijan, December 19

By Tamilla Mammadova – Trend:

Russia exported 300,519 tons of petroleum and petroleum oils to Georgia in a total amount of $180.1 million from January through November 2019, which is 18,721 tons more compared the same period last year, Trend reports referring to Georgian National Statistics Office (Geostat).

In the reporting period Russia exported 379,423 tons of wheat and meslin worth $79.7 million to Georgia. Russia decreased the export of wheat and meslin by 75,084 tons. Over the same period last year, 454,507 tons of wheat and meslin totaling $89.5 million were exported from Russia to Georgia.

In first 11 months of 2019, 108,254 tons of coke and semi-coke of coal worth $29.1 million were exported from Russia to Georgia. This is 21,766 tons less compared the same period last year.

During the reporting period, Russia exported 102,274 tons of petroleum gases and other gaseous hydrocarbons in the amount of $30.6 million to Georgia. During 11 months of 2018, export of petroleum gases and other gaseous from Russia to Georgia amounted to 30,181 tons totaling $11 million.

Russia exported 35,084 tons of sunflower-seed oil worth $29.6 million to Georgia. This is 1,616 tons less compared the same period last year.

Russia ranks second in Georgia’s commodity circulation.

From January through November 2019, the foreign trade turnover between Georgia and Russia amounted to more than $1.3 billion, which is 11.5 percent of the total trade turnover of Georgia.

During the reporting period, Georgia exported products worth $453.9 million to the Russian market, which is 13.4 percent of total exports from Georgia.

Meanwhile, Russian exported products worth $868 million to the Georgia market, which is 10.7 percent of total imports to Georgia.

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