Georgian domestic exports up 31.8% in 2022

Georgia has exported locally produced goods worth $5.59 billion in 2022, which is a 31.8 percent increase year-on-year.

Georgia has exported locally produced goods worth $5.59 billion in 2022, which is a 31.8 percent increase year-on-year, preliminary data from the National Statistics Office of Georgia show.

Geostat said local exports in the country had accounted for 66.2 percent of total exports in 2022, amounting to $3.70 billion, 18.4 percent higher compared to 2021.

Georgia’s top trading partners were:
China – $694.8 million
Russia – $536.1 million
Bulgaria -$419.9 million
The five largest domestic export goods of Georgia are as follows:
Copper ores and concentrates – $1.02 billion (27.7% of total exports)
Ferro-alloys – $453.3 million (12.2%)
Nitrogenous fertilisers – $281.4 million (7.6%)
Wine from fresh grapes – $251 million (6.8%)
Natural or artificial mineral and aerated waters – $111 million (3%)
Last year Georgian external trade turnover amounted to $19.04 billion in 2022, posting a 32.8 percent increase year-on-year.

The value of exports rose by 31.8 percent and equalled $5.59 billion, while imports also grew by 33.2 percent, amounting to $13.45 billion in 2022.

Turkey ($2.80 billion), Russia ($2.48 billion) and China ($1.86 billion) were the top trading partners of Georgia in its total external trade turnover in 2022, Geostat said.

Photo: Nino Alavidze/Agenda.ge

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