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Georgia decreases export of copper ores and concentrates to Turkey

Business Materials 25 January 2020 13:45 (UTC +04:00)
Georgia decreases export of copper ores and concentrates to Turkey

BAKU, Azerbaijan, Jan.25

By Tamilla Mammadova – Trend:

Georgia exported 9,347 tons of copper ores and concentrates totaling $13.7 million to Turkey in 2019, Trend reports referring to the Georgian National Statistics Office (Geostat).

On an annualized basis, Georgia reduced the export of copper ores and concentrates by 4,217 tons or 1.45 times to Turkey.

Over the 2018 year, 13,564 tons of copper ores and concentrates were exported by Georgia to Turkey for a total amount of $18.4 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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