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The EU constitutes 8.4% of Georgia’s exports

by Mariam Razmadze
November 27, 2024
in Business & Economy
Reading Time: 1 min read
Photo: Strategeast.

Photo: Strategeast.

Georgia’s exports to the EU equaled $456 million, a 25% decline compared to 2023, seeing the EU’s share in Georgia’s total exports drop to 8.4%.

Top Exported Commodities:

  1. Hazelnuts and other nuts: $45.3 million (+20% Year-on-Year)
  2. Copper ores and concentrates: $42.5 million (-85% YoY)
  3. Precious metal ores and concentrates: $39.8 million (+2,445% YoY)
  4. Oil and petroleum products: $30.5 million (+308% YoY)
  5. Natural grape wines: $26.8 million (+9% YoY)

Leading Exporters: JSC RMG Copper, JSC Rustavi Azot, and LLC Caucasian Metals Terminal.

Despite the above, rises in specific categories emphasize Georgia’s continued strong trade relations with the EU.

 

Tags: Georgia-EU trade
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