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Georgia increases import of flat-rolled products of non-alloy steel from China

Business Materials 21 February 2020 16:32 (UTC +04:00)
Georgia increases import of flat-rolled products of non-alloy steel from China

BAKU, Azerbaijan, Feb.21

By Tamilla Mammadova – Trend:

Georgia imported 2,837 tons of flat-rolled products of non-alloy clad or coated steel of a width of more than 600 mm from China in a total amount of $2.02 million in January 2020, which is 1,255 tons more compared to January 2019, Trend reports referring to National Statistics Office of Georgia (Geostat).

In the reporting period, Georgia imported 2,323 tons of copper ores and concentrates worth $2.7 million from China.

Meanwhile, 936.5 tons of new pneumatic rubber tyres worth $2.2 million were imported by Georgia from China. This is 173.7 tons more compared to January 2019.

In January 2020, Georgia imported 517.7 tons of parts and accessories of the motor vehicles worth $1.5 million from China.

China ranks second in Georgia’s commodity circulation.

In January 2020, the foreign trade turnover between Georgia and China amounted to more than $109.3 million, which is 12.4 percent of the total trade turnover of Georgia.

During the reporting period, Georgia exported products worth $44.3 million to the Chinese market, which is 16.9 percent of total exports from Georgia.

Meanwhile, China exported products worth $64.9 million to the Georgian market, which comprises 10.5 percent of total import to Georgia.

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