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How Much Was The Trade Turnover Between Georgia And China?

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Natia Taktakishvili
24.01.23 16:00
341
China occupies third place with a 9.8% share among Georgia's largest trade partner countries. According to Geostat, last year Georgia-China trade turnover amounted to 1 billion 862 million USD out of a total trade turnover of USD 19 billion, which was 25.8% higher than last year's total export-import figure.

In the trade relations between the countries, 39.5% accounts for exports, and in this regard, China ranks first among the largest partners. Last year, the income received from the sale of goods in China amounted to USD 737 million. The increase was 19.7% compared to 2021.

Among the exported goods, the main products are copper ores and concentrate. The income from their sale in China is more than half of the total exports.

TOP-10 Export Commodiites:

1. Copper ores and concentrates - USD 582.6 million, 251,639 tons;
2. Ores and concentrates of precious metals - USD 80 million, 28 493 tons;
3. Tools and devices for use in medicine or veterinary medicine - USD 21.5 million, 86 tons;
4. Natural grape wines - USD 12.5 million, 3 988 tons;
5. Unprocessed aluminum - USD 6.7 million, 2 850 tons;
6. Ginger, bay leaf, curry and other spices - USD 4.9 million, 2,282 tons;
7. Orthopedic devices - USD 4.7 million, 6 tons;
8. Copper waste and scrap - USD 3.9 million, 673 tons;
9. Central heating boilers - USD 1.9 million, 143 tons;
10. Pharmaceutical products - USD 1.5 million, 4 tons.

Imports occupy 60.5% of trade turnover between Georgia and China.

TOP-10 Importing Commodities

1. New rubber pneumatic tires - USD 47.7 million, 15 058 tons;
2. Computing machines and their blocks - USD 42.2 million, 373 tons;
3. Flat rolled carbon steel - USD 36.6 million, 30 143 tons;
4. Simple polyacetals, polyethers and epoxy resins - USD 34.7 million, 23 907 tons;
5. Lamps and lighting devices - USD 24.7 million, 2 911 tons;
6. Equipment for air conditioning - USD 23.1 million, 2 953 tons;
7. Equipment for receiving television connection - USD 22.3 million, 936 tons;
8. Telephone devices for cellular networks - USD 18.6 million, 289 tons;
9. Other toys; Reduced models - USD 18 million, 2 731 tons;
10. Other toys; Reduced models - USD 17.9 million, 4 718 tons.