Russia ranks second in Georgia’s trade turnover
Baku, Azerbaijan, September 20
By Tamilla Mammadova – Trend:
Russia ranks second in Georgia’s commodity circulation, Trend reports referring to Georgian National Statistics Office (Geostat).
The foreign trade turnover between Georgia and Russia for eight months of 2019 amounted to more than $903 million, which is 11.1 percent of the total trade turnover of Georgia.
During the reporting period, Georgia exported products worth $338.665 million to the Russian market, which is 14 percent of total exports.
In terms of the structure of the exports to Russia, ferroalloys amounted to $91.1 million, wine - $80.2 million, mineral water - $40.8 million, centrifuges - $19 million, and alcoholic beverages (without wine) - $18.9 million.
For eight months of 2019, Georgia imported products from Russia in the amount of $565.216 million, which comprises 9.9 percent of total imports. Oil and oil products worth $118.2 million, wheat worth $47.9 million, coke and semi-coke from coal worth $19.1 million, sunflower oil worth $19.1 million, and LPG worth $19.3 million were supplied from Russia to Georgia.
The total external merchandise trade (excluding non-declared trade) of Georgia amounted to $8.12 billion in January-August 2019, 0.01 percent higher year-on-year.