...

Turkey remains Georgia's top trading partner - Geostat

Georgia Materials 12 April 2022 09:23 (UTC +04:00)
Turkey remains Georgia's top trading partner - Geostat
Maryana Ahmadova
Maryana Ahmadova
Read more

BAKU, Azerbaijan, April 12. Georgia’s trade turnover with Turkey from January through February 2022 amounted to $354.3 million, which is an increase of 42.5 percent, compared to $248.5 million over the same period of 2021, Trend reports via the National Statistics Office (Geostat).

Turkey’s share accounted for 13.9 percent of the total foreign trade turnover of Georgia in the reporting period of 2022, while over the same period of 2021 this index accounted for 15 percent.

Thus, Turkey remained the top Georgian trade turnover partner from January through February 2022, followed by Russia ($274.6 million) and Azerbaijan ($248.8 million).

Meanwhile, Georgia’s exports to Turkey in the reporting period of 2022, accounting for 7.7 percent of total exports, increased by 30.2 percent to $58.8 million, compared to $45.2 million over the same period of 2021.

Turkey ranked fifth among main Georgia’s partners by exports. Meanwhile, China ($95.4 million), Russia ($92.8 million), and Azerbaijan ($92.3 million) were the TOP-3.

Georgian imports from Turkey from January through February 2022, accounting for 16.6 percent of the total imports, increased by 44.9 percent to $295.4 million, compared to $203.8 million over the same period of 2021.

Turkey remained Georgia's main partner by imports, followed by Russia ($181.7 million) and Azerbaijan ($156.4 million).

Meanwhile, Georgia’s foreign trade turnover (excluding non-declared trade) from January through February 2022 amounted to $2.5 billion, which is an increase of 49.2 percent, compared to $1.6 billion over the same period of 2021, and 38.8 percent, compared to the reporting period of 2020 ($1.8 billion).

---

Follow the author on Twitter: @mariiiakhm

Tags:
Latest

Latest