The United States of America is among the TOP-5 largest trading partners of the country and ranks fifth with a 6.3%-share.
According to official statistics, during 2022, Georgia-USA trade turnover amounted to USD 1 billion 206 million. Trade between the countries increased by 43.1% compared to the same period in 2021 and hit a rate high in the last decade.
78% accounts for imports from the total trade turnover with the USA, while 22% – for exports.
This year, Georgia spent USD 941.3 million to buy goods in America, the increase compared to the previous year amounted to 45.2%.
The share of light vehicles took the largest part in the imports – 88.5%.
TOP-10 Importing Commodities:
1. Cars – USD 833.2 million;
2. Meat and poultry products – USD 7.7 million, 7 471 tons;
3. Other goods – USD 6.7 million;
4. Used clothes and products – USD 6.1 million, 440 tons;
5. Transmitting radiotelephone equipment – USD 5.8 million, 3 tons;
6. Liquid crystal devices – USD 4.9 million, 10 tons;
7. Nuts and other nuts – USD 4.8 million, 1 765 tons;
8. Frozen fish – USD 4.8 million, 2 405 tons;
9. Food products – USD 4.5 million, 114 tons;
10. Oilcake and other solid waste – USD 4 million, 7 234 tons;
As for exports, in 2022 the country earned USD 265 million from the sale of goods in the USA, the increase compared to 2021 was 36.2%.
TOP-10 Exporting Commodities:
1. Ferroalloys – USD 232.6 million, 102 185 tons;
2. Diodes, transistors and similar semiconductor devices – USD 6.8 million, 838 tons;
3. Natural grape wines – USD 5.2 million, 1,039 tons;
4. Fruit and vegetable juices – USD 2.7 million, 1 809 tons;
5. Pipes, tubes and hollow profiles, seamless, made of black metal – USD 1.9 million, 1 253 tons;
6. Aircraft parts – USD 1.7 million, 5 tons;
7. Non-denatured ethyl alcohol – USD 1.6 million, 660 tons;
8. Furniture and its parts – USD 1.5 million, 347 tons;
9. Products for transportation of goods – USD 1.3 million, 438 tons;
10. Mineral and fresh waters – USD 1.2 million, 2 123 tons.
AUTHOR:NATIA TAKTAKISHVILI
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