...

Georgia reveals its top export destinations for 8M2021

Business Materials 1 October 2021 14:14 (UTC +04:00)
Georgia reveals its top export destinations for 8M2021

BAKU, Azerbaijan, Oct. 1

By Maryana Akhmedova - Trend:

Georgia’s total exports from January through August 2021 amounted to $2.6 billion, compared to $2 billion over the same period of 2020, Trend reports via Geostat.

The largest share of Georgia’s exports over the reporting period accounted for China with $421.8 million in trade, compared to $296.5 million over the reporting period of 2020.

China is followed by Russia with a share of 14.4 percent of the total Georgian exports. Georgia’s exports trade with Russia grew from $266 million over the first 8 months of 2020 to $377 million in 2021, year-on-year.

Georgia’s third largest trade partner was Azerbaijan with $346.9 million, or 13.3 percent of the total exports. Georgia has exported products to Azerbaijan worth $284.2 million over the reporting period of 2020.

Turkey accounted for 8.1 percent of the Georgian exports and amounted to $211.4 million from January through June 2021, compared to $129.6 million over the same period of 2020.

Ukraine, with 7.4 percent of the total exports, amounted to $192.6 million, compared to $122.7 million over the reporting period of 2020.

Georgia’s foreign trade turnover from January through August 2021 amounted to $8.6 billion, compared to $11.3 billion in 2020.

Tags:
Latest

Latest