Georgia's trade turnover with Israel declines
BAKU, Azerbaijan, Feb.21
By Tamilla Mammadova – Trend:
Georgia's trade turnover with Israel fell by 6.8 percent in 2019 to $27.9 million ($30 million in 2018), Trend reports citing the Georgian National Statistical Service (Geostat).
According to Geostat, commodity circulation declined due to reduced imports.
In 2019, Georgia imported goods worth $13.5 million from Israel, which is 34.7 percent less than in 2018, and exported goods worth $14.4 million to Israel, an increase of 35.7 percent compared to results of 2018.
As reported, Georgia exported to Israel aviation parts worth $4.2 million, radio and television equipment worth $2 million, alcoholic beverages - $1.8 million, mineral and fresh water - $1 million, refrigeration equipment - $709,300, optical elements – $618,800, wine – $595,900, fruit and vegetable juices - $573,700, beer - $478,500, tools and equipment for use in medicine - $288, 200.
Last year, Georgia imported from Israel detergents and cleaning products worth $957.9 million, electric vehicles and equipment - $807.4 million, telephone sets - $615,900, cosmetics or skin care products – $389,200, hair care products – $371,500, machinery and tools for cleaning crops – $320,500, medicines in the package - $299,700.
In 2019, foreign trade turnover (excluding undeclared trade) in Georgia amounted to $12.8 billion, which is 2.7 percent more than in 2018.
Exports amounted to $3.7 billion (12.4 percent more), while imports - $9.1 billion (0.8 percent lower).
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