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Georgia increases import from US

Business Materials 29 January 2020 13:01 (UTC +04:00)
Georgia increases import from US

BAKU, Azerbaijan, Jan.29

By Tamilla Mammadova – Trend:

In 2019, Georgia imported goods worth $390 million from the United States, which is 7.8 percent more than in 2018 ($359.8 million), Trend reports citing Georgian National Statistical Office (Geostat).

According to Geostat, the trade turnover between Georgia and the United States in 2019 amounted to $521.8 million, 74.7 percent of which accounted for import from the US to Georgia.

In 2019, Georgia imported cars worth $274.3 million, copper ores and concentrates worth $35.3 million, engines and gas turbines worth $12 million from the US.

The products imported by Georgia from the United States also include clothing worth $2.1 million, minerals worth $2 million, motorcycles and bicycles worth $1.9 million.

In 2019, meat products worth $3.8 million, nuts worth $3.5 million, frozen fish worth $2.5 million were exported from the US to Georgia.

Last year, 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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