Georgia’s external merchandise trade up

Georgia’s external merchandise trade up

access_time2022-01-20 12:30:43

In 2021 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 14 315.6 million, 25.6 percent higher to the 2020. The exports equaled USD 4 242.3 million (26.9 percent higher), while the imports stood at USD 10 073.3 million (25.1 percent higher). The negative trade balance was USD 5 831.0 million in 2021 and its share in external trade turnover constituted 40.7 percent.

In 2021 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 77.3 percent. The top partners were China (USD 615.6 million), Russia (USD 610.0 million) and Azerbaijan (USD 531.7 million).

 

In 2021 the share of the top ten trading partners by imports in the total imports of Georgia amounted to 67.1 percent. The top partners were Turkey (USD 1 823.7 million), Russia (USD 1 028.6 million) and China (USD 864.9 million).


In 2021 the share of the top ten trading partners in the total external trade turnover of Georgia amounted to 69.5 percent. The top trading partners were Turkey (USD 2 145.9 million), Russia (USD 1 638.6 million) and China (USD 1 480.5 million).

In 2021 copper ores and concentrates reclaimed the first place in the list of top export items, equaling USD 815.4 million with 19.2 percent of total exports. The exports of ferro-alloys totaled USD 477.4 million and their share in the total exports amounted to 11.3 percent. The motor cars exports occupied the third place standing at USD 456.6 million and constituting 10.8 percent of the total exports.

The top import commodities in 2021 were motor cars whose imports equaled USD 898.8 million (8.9 percent of the total imports). The petroleum and petroleum oils followed in the list with USD 822.6 million (8.2 percent of imports). The copper ores and concentrates were third in the top import commodity list with USD 736.1 million (7.3 percent of imports).

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