BAKU, Azerbaijan, Jan.24
By Tamilla Mammadova – Trend:
Turkey exported 59,315 tons of tubes, pipes and hollow profiles of iron or steel totaling $42.7 million to Georgia in 2019, Trend reports referring to Georgian National Statistics Office (Geostat).
In an annual comparison, Turkey reduced the export of tubes, pipes and hollow profiles of iron or steel by 2,768 tons. Over the 2018 year, 62,083 tons of tubes, pipes and hollow profiles, of iron or steel were exported from Turkey to Georgia for a total of $49 million.
In 2019, Turkey exported 8,763 tons of insulated wire, cable and other insulated electric conductors totaling $40 million to Georgia.
In an annual comparison, Turkey increased the export of insulated wire, cable and other insulated electric conductors by 1,233 tons. Over the 2018 year, 7,530 tons of insulated wire, cable and other insulated electric conductors were exported from Turkey to Georgia for a total of $31.1 million.
Turkey ranks first in Georgia’s commodity circulation.
In 2019, total imports to Georgia from Turkey amounted to $1.6 billion. In turn, Georgia exported goods worth $202.3 million to Turkey.
The foreign trade turnover of Georgia with Turkey in 2019 exceeded $1.8 billion, which is 14.1 percent of the total trade turnover of Georgia.
In 2019, the external merchandise trade (excluding non-declared trade) of Georgia amounted to $12.8 billion, 2.7 percent higher year-on-year.
The exports equaled $3.7 billion (12.4 percent higher), while the imports stood at $9.1 billion (0.8 percent lower).
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