Ferroalloys' export from Georgia to Turkey grows
BAKU, Azerbaijan, May 19
By Tamilla Mammadova – Trend:
Georgia exported 13,346 tons of ferroalloys totaling $12.7 million to Turkey from January through April 2020, Trend reports referring to Georgian National Statistics Office (Geostat).
On an annualized basis, Georgia increased the export of ferroalloys to Turkey by 6,265 tons.
Over the same period last year, 7,081 tons of ferroalloys were exported by Georgia to Turkey for a total amount of $7.6 million.
During the reporting period, Georgia exported 13,860 tons of semi-finished products of iron or non-alloy steel totaling $5.1 million to Turkey, which is a decrease of 22,675 tons compared to the same period in 2019.
Over the same period last year, 36,535 tons of semi-finished products of iron or non-alloy steel were exported by Georgia to Turkey for a total amount of $14 million.
Turkey ranks first in Georgia’s commodity circulation in the reporting period.
From January through April 2020, total imports from Turkey to Georgia 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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