Turkey (2.1 billion USD), Russia (1.6 billion USD) and China (1.4 billion USD) are the top trading partners of Georgia in total external trade turnover in 2021, preliminary data from the National Statistics Office of Georgia (Geostat) show.
Georgia's top trading partners by exports in 2021 were China (615.6 million USD), Russia (610 million USD) and Azerbaijan (531.7 million USD), while the top trading partners by imports were Turkey (1.8 billion USD), Russia (1 billion USD) and China (864.8 million USD).
The top three export items were as follows:
Copper ores and concentrates - 815.4 million USD (+4.7%)
Ferro-alloys - 477.4 million USD (+93%)
Motor cars - 456.5 million USD (+13%)
The top import commodities were the following:
Motor cars - 898.7 million USD (+15%)
Petroleum and petroleum oils - 822.5 million USD (+65%)
Copper ores and concentrates - 736 million USD (+26.4%)
Georgian external trade turnover amounted to 14.31 billion USD in 2021, which is an increase of 25.6% year-on-year.
Georgian external trade up 25.6% in 2021
The value of exports grew by 26.9% and equalled 4.24 billion USD, while imports also increased 25.1%, reaching 10 billion USD.
The trade deficit, a measure of the negative balance of trade in which a country's imports exceed its exports, totalled 5.83 billion USD, and its share in trade turnover 40.7%.
Source: Agenda.ge