In Q1 2022, Turkey, China and Russia became Georgia’s top trading partners.

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.

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Omsk Region and Kazakhstan increased mutual trade turnover.

According to Akorda press service, the meeting focused on the issues of mutually beneficial cooperation between Kazakh regions and the Omsk Region in trade, mechanical engineering, transport, agriculture, was held. President Tokayev said that productive interregional cooperation had a positive influence on mutual trade indicators. According to the President, great attention is paid to the development of interregional cooperation with the Omsk Region. As a result, trade turnover between the Omsk Region and Kazakhstan exceeded $380mln. Kazakhstan is its most important trade partner. A significant fact is that Kazakhs reside in this border region. the Kazakh diaspora in the Omsk land was called by the Head of State a connecting link and, thanks to Alexander Burkov’s special attention and all-round support to it, it preserves a spiritual link with the historic Homeland. The President also thanked the administration and residents of the Omsk Region for perpetuating the memory of the great sons of the Kazakh people Shokan Valikhanov and Saken Seifullin. The Governor Alexander Burkov told in his turn that the region is ready to cooperate with Kazakh companies in the agro-industrial complex, food production, petrochemistry, and construction.

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Uzbekistan’s foreign trade turnover reaches $13.2 billion over three months

The foreign trade turnover of Uzbekistan amounted to $13.2 billion in January-March 2022. During the reporting period, the republic exported products ($5.2 billion) and services ($568 million) for a total of $5.8 billion, the State Statistics Committee said. Imports, in the meantime, were recorded at $7.4 billion (products – $6.8 billion, services – $530 million). … Read more

Serbian government allows limited exports of some foods

The Serbian government decided on Wednesday to allow limited exports of grain, flour and cooking oil. A press release said that the government decided to introduce quantitative restrictions on the export of wheat, wheat flour, corn, groat and sunflower oil on a monthly basis and for a specific period of time. “The Government of Serbia … Read more

Trade turnover btw Omsk Region and Kazakhstan exceeds $380mln – President

The meeting focused on the issues of mutually beneficial cooperation between Kazakh regions and the Omsk Region in trade, mechanical engineering, transport, agriculture, Kazinform cites the Akorda press service. During the meeting, President Tokayev noted that productive interregional cooperation has a positive effect on mutual trade indicators. «We pay great attention to the development of … Read more

Turkey, China, Russia Georgia’s top trading partners in January-March 2022

Turkey ($562.4 million), China ($461.9 million) and Russia ($383.3 million) were the top trading partners of Georgia in its total external trade turnover in January-March 2022, preliminary data from the National Statistics Office of Georgia show. Georgia’s top partners by exports in January-March 2022 were China ($220 million), Azerbaijan ($125.4 million) and Russia ($109.8 million), … Read more