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Knitwear exports from Georgia to Turkey down

Business Materials 21 December 2019 09:19 (UTC +04:00)

BAKU, Azerbaijan, December 21

By Tamilla Mammadova – Trend:

From January through November 2019, Georgia exported 1,619 tons of knitted goods to Turkey for a total amount of $33.8 million, Trend reports referring to the Georgian National Statistics Office (Geostat).

On an annualized basis, Georgia reduced the export of knitwear by $2.6 million. For the same period last year, 1,558 tons knitted goods totaling $36.5 million were exported from Georgia to Turkey.

In the reporting period, Georgia exported 577 tons of men's suits to Turkey for a total amount of $12.3 million.

On an annualized basis, Georgia increased the export of men's suits by $3.1 million. For the same period last year, 438 tons of men's suits were exported from Georgia to the country for a total of 9.2 million.

Turkey ranks third in Georgia’s commodity circulation.

For 11 months of 2019, total imports to Georgia from Turkey amounted to over $1.4 billion. In turn, Georgia exported goods worth $184.4 million to Turkey.

The foreign trade turnover of Georgia with Turkey from January to November 2019 exceeded $1.6 billion, which is 14.2 percent of the total trade turnover of Georgia.

The external merchandise trade (excluding non-declared trade) of Georgia amounted to $11.5 billion from January through November 2019, 1.4 percent higher year-on-year.

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