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Turkey increases export of structures of iron to Georgia

Business Materials 25 January 2020 13:46 (UTC +04:00)

BAKU, Azerbaijan, Jan.25

By Tamilla Mammadova – Trend:

Turkey exported 26,449 tons structures and parts of structures of iron or steel totaling $42.7 million to Georgia in 2019, Trend reports referring to the Georgian National Statistics Office (Geostat).

In an annual comparison, Turkey increased the export of structures and parts of structures of iron or steel by 5,529 tons. In 2018, 20,920 tons of structures of iron or steel were exported from Turkey to Georgia for a total of $36.9 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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