Georgian external trade turnover reached $3.8 billion in January-March 2022 (up 37.9 percent).
According to the National Statistics Office of Georgia, the top trading partners of Georgia in its total external trade turnover in January-March 2022 were Turkey ($562.4 million), China ($461.9 million) and Russia ($383.3 million).
In the reported period Georgia’s exported the most to China ($220 million), Azerbaijan ($125.4 million) and Russia ($109.8 million), and imported the most from Turkey ($463.2 million), Russia ($273.5 million) and China ($241.9 million).
Copper ores and concentrates – $271 million (+71), ferro-alloys – $160 million (+91.3) and motor cars – $94.8 million (+9.6%) were the top export items.
Petroleum and petroleum oils – $244 million (+71.6), copper ores and concentrates – $222 million (+52.6%) and motor cars – $211 million (+7.1%) were the three top import commodities.
Georgian external trade turnover reached $3.8 billion in Q1 2022 (an increase of 37.9 percent).
The rise of the value of exports amounted to 43.3 percent and reached $1.1 billion in the reported period, while imports also showed an increase by 35.7 percent, reaching $2.6 billion.
A measure of the negative balance of trade in which imports exceed exports (trade deficit) amounted to $1.5 billion, while the share of trade turnover reached 39.4 percent.