In January-May 2023, Georgia traded goods worth USD 1.06 billion with Russia, which was 38% more compared to the same period of the previous year. With this data, Russia took the second position after Turkey. Imports prevail in the trade turnover, this year Georgia purchased goods worth USD 778 million from Russia, which was a 40% increase compared to the previous year. Exports increased by 34% to USD 281 million. Wine occupies the first place in Georgia's exports to Russia.
TOP-5 Exporting Commodities From Georgia To Russia
1) Wine - USD 69 million, an increase of 50% compared to the previous year;
2) Ferroalloys - USD 45 million, a decrease of 57% compared to the previous year;
3) Motor Cars - USD 41 million, an increase of 485% compared to the previous year;
4) Mineral and fresh waters - USD 28 million, an increase of 64% compared to the previous year
5) Sugary, carbonated drinks - USD 26 million, an increase of 190% compared to the previous year.
Energy resources prevail in imports. Moreover, in terms of oil imports, Russia has become the main supplier of Georgia. Georgia purchased fuel of USD 400 million in January-May, of which USD 264 million accounted for Russia. The second place is occupied by natural gas with USD 83 million, the imports of which have increased by 113% y-o-y.
TOP-5 Importing Commodities From Russia
1) Petroleum products - USD 264 million, an increase of 112% compared to the previous year;
2) Natural gas - USD 83 million, an increase of 113% compared to the previous year;
3) Glass bottles - USD 22 million, an increase of 144% compared to the previous year;
4) Wheat flour - USD 21 million, a decrease of 5% compared to the previous year;
5) Coal - USD 18 million, an increase of 650% compared to the previous year.
