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

Business Materials 22 June 2020 10:23 (UTC +04:00)

BAKU, Azerbaijan, June 22

By Tamilla Mammadova – Trend:

Turkey exported 22,092 tons of tubes, pipes and hollow profiles, made of iron or steel totaling $14.2 million to Georgia from January through May 2020, Trend reports referring to National Statistics Office (Geostat).

On an annualized basis, Georgia increased the import of tubes, pipes and hollow profiles, iron or steel from Turkey by 3,254 tons.

Over the same period last year, 18,838 tons of tubes, pipes and hollow profiles, made of iron or steel were exported by Turkey to Georgia for a total amount of $14.02 million.

During the reporting period, Turkey exported 8,263 tons of iron or steel structures and parts of structures totaling $12.5 million to Georgia, a decrease of 1,706 tons compared to the same period in 2019.

Over the same period last year, 9,969 tons of structures and parts of structures of iron or steel were exported by Turkey to Georgia for a total amount of $16.5 million.

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

From January through May 2020, total imports from Turkey to Georgia amounted to $478.8 million. In turn, Georgia exported goods worth $81.7 million to Turkey.

The foreign trade turnover of Georgia with Turkey in the reporting period exceeded $560.5 million, which is 13.3 percent of Georgia's total trade turnover.

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