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Georgia's import of tubes, pipes, hollow profiles from Turkey soars

Business Materials 19 May 2020 17:22 (UTC +04:00)
Georgia's import of tubes, pipes, hollow profiles from Turkey soars

BAKU, Azerbaijan, May 19

By Tamilla Mammadova – Trend:

Turkey exported 18,901 tons of tubes, pipes and hollow profiles, iron or steel totaling $12.3 million to Georgia from January through April 2020, Trend reports referring to Georgian National Statistics Office (Geostat).

On an annualized basis, Georgia increased the import of tubes, pipes and hollow profiles, iron or steel from Turkey by 5,582 tons.

Over the same period last year, 13,319 tons of tubes, pipes and hollow profiles, iron or steel were exported by Turkey to Georgia for a total amount of $10 million.

During the reporting period, Turkey exported 6,658 tons of iron or steel structures and parts of structures totaling $10.2 million to Georgia, a decrease of 1,080 tons compared to the same period in 2019.

Over the same period last year, 7,738 tons of structures and parts of structures of iron or steel were exported by Turkey to Georgia for a total amount of $12.9 million.

Turkey ranks first in Georgia’s commodity circulation in the reporting period.

From January through April 2020, total imports by Georgia from Turkey amounted to $406.02 million. In turn, Georgia exported goods worth $63.27 million to Turkey.

The foreign trade turnover of Georgia with Turkey in the reporting period exceeded $469.3 million, which is 13.5 percent of Georgia's total trade turnover.

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