How Much Did Gov't Spend On The Purchase Of Various Commodities in 11M2022?
In January-November, the main share of Georgia's trade turnover (USD 17 billion) accounts for imports, which amounts to 70.4%. According to the official statistics published today by the National Statistics Office of Georgia (Geostat), the country spend USD 11.981 billion for the purchase of various goods in 11 months, which is 32.4% higher than the figure of the same period last year.
In January-November 2022, the share of the ten largest import partner countries amounts to 67.3% in total imports, and the top three were represented by Turkey (USD 2,143.2 million), Russia (USD 1,607.8 million), and China (USD 1,017.7 million).
Among the largest import commodity groups, the imports of oil and oil products, motor cars and carbon steel rods increased the most during this period, while the imports of trucks decreased.
TOP-10 rating of imported goods:
1. Motor cars - USD 1.4 billion, growth - 65.6%;
2. Oil and oil products - USD 1.2 billion, growth - 67.4%;
3. Copper ores and concentrates - USD 725 million, growth - 8.5%;
4. Petroleum gases - USD 373.5 million, increase - 30.7%;
5. Medicinal products packaged - USD 360 million, increase - 7.8%;
6. Telephone devices - USD 262.5 million, increase - 32.5%;
7. Computing machines and their blocks - USD 159.9 million, increase - 16.9%;
8. Cigars, cigarillos and cigarettes made of tobacco or its substitutes - USD 110.7 million, 30.4%;
9. Carbon steel rods - USD 107 million, growth - 62.5%;
10. Trucks - USD 92 million, decrease - 5.7%.
The imports of other goods increased by 27.9% this year and amounted to USD 7.1 billion.