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Georgia's export of ferro-alloys growing

Georgia Materials 6 January 2022 15:16 (UTC +04:00)

BAKU, Azerbaijan, Jan. 6

By Maryana Akhmedova – Trend:

Georgia’s exports of ferro-alloys from January through November 2021 amounted to $414.7 million, which is an increase of 79.1 percent, compared to $231.5 million over the same period of 2020, Trend reports via National Statistics Office (Geostat).

The volume of the exported ferro-alloys over the reporting period of 2021 also increased by 15.4 percent – from 234,302 to 270,568 tons.

Thus, the share of ferro-alloys in total Georgia’s exports over first 11 months of 2021 accounted for 10.8 percent (7.7 percent over the reporting period of 2020).

TOP-5 importers of ferro-alloys from Georgia (Jan. through Nov. 2021):

Russia – $157 million;

the US – $134.6 million;

Turkey – $46.2 million;

Canada – $10.4 million;

Italy – $8.6 million.

Meanwhile, Georgia’s total exports from January through November 2021 amounted to $3.8 billion – an increase of 26.7 percent, compared to $3.01 billion in the same period of 2020.

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