Georgian external trade at $2 billion in January, up by 39.3% y/y – Statistics Office

Georgia’s external trade turnover amounted to $2 billion in January, posting a 39.3 percent year-on-year increase, with the list of top trading partners of the county topped by the United States with $361.7 million, the United Kingdom with $267.2 million and Russia with $203.3 million.

Georgia’s external trade turnover amounted to $2 billion in January, posting a 39.3 percent year-on-year increase, with the list of top trading partners of the county topped by the United States with $361.7 million, the United Kingdom with $267.2 million and Russia with $203.3 million, the National Statistics office said on Wednesday.

The value of exports increased by 19.3 percent and equalled $403.9 million, while imports also increased by 45.5 percent, amounting to $1.60 billion last month.

The list of exports was headed by Kyrgyzstan ($74.9mln), Azerbaijan ($46.2mln) and Kazakhstan ($45.2mln), while imports were topped by the US ($357.3mln), the UK ($266.9mln) and Turkey ($172.9mln).

The top export items were the following:
Motor cars – $130 million (32.2% of total exports)
Spirituous beverages – $14.3 million (3.5%)
Copper ores and concentrates – $13.8 million (3.4%)
The three top import commodities included:
Paintings, drawings and pastels executed entirely by hand – $481.1 million (30% of total imports)
Motor cars – $151 million (9.4%)
Petroleum gases and other gaseous hydrocarbons – $106.9 million (6.7%)
In another figure of domestic exports, the body said the country had exported locally produced goods worth $403.9 million last month, marking a 19.3 percent year-on-year increase.

The Office said the share of domestic exports in total exports constituted 46.1 percent and amounted to $186.3 million – 11.6 percent higher than in January 2024.

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