...

Georgia notes rise in export of domestic goods abroad

Business Materials 21 June 2021 15:14 (UTC +04:00)
Georgia notes rise in export of domestic goods abroad

BAKU, Azerbaijan, June 21

By Tamilla Mammadova – Trend:

Georgia exported locally produced goods worth $1.53 billion from January through May 2021, which is 24.4 percent higher year-on-year, Trend reports via the National Statistics Office of Georgia (Geostat).

"The share of domestic exports (export of locally produced goods and services, including those of foreign origin that have been substantially changed through local processing) in total exports constituted 73.1 percent and amounted to $1.12 billion, 26.6 percent higher to the same period of 2020", said Geostat.

The top trading partners were: China ($250 million); Russia ($185.8 million); Turkey ($125.9 million).

From January through May 2021 copper ores and concentrates reclaimed the first place in the list of top export items, equaling $327.2 million, or 29.1 percent of total exports.

The exports of ferroalloys totaled $144.3 million and their share in the total exports amounted to 12.8 percent.

The exports of wine of fresh grapes occupied third place standing at $85 million and constituting 7.6 percent of the total exports.

---

Follow the author on Twitter: @Mila61979356

Tags:
Latest

Latest