Turkey ($2.1 billion), Russia ($1.6 billion) and China ($1.4 billion) are the top trading partners of Georgia in total external trade turnover in 2021, as shown by preliminary data from the National Statistics Office of Georgia (Geostat).
In 2021, the external merchandise trade (excluding non-declared trade) of Georgia amounted to $14,315.6 million, 25.6% higher than 2020. The exports equaled $4,242.3 million (26.9% higher year-on-year), while imports stood at $10,073.3 million (25.1$ higher y-o-y). The negative trade balance was $5,831.0 million in 2021, and its share in external trade turnover constituted 40.7%, Geostat noted.
In 2021, copper ore and concentrates claimed first place in the list of top export items, equaling $815.4 million and 19.2% of total exports.
The export of ferro-alloys totaled $477.4 million, and their share in the total exports amounted to 11.3%.
Motor car exports occupied third place, standing at $456.6 million and constituting 10.8% of the total exports.
The top import commodities in 2021 were motor cars, whose imports equaled $898.8 million (8.9% of the total imports).
Petroleum and petroleum oils followed in the list with $822.6 million (8.2% of imports).
Copper ores and concentrates were third in the top import commodity list, with $736.1 million (7.3% of imports).
By Ana Dumbadze