About Civil.ge
Eng | Geo | Rus
Last updated: 10:55 - 1 May.'18
RSS
Mobile
Twitter
Facebook
Foreign Trade Up 17% in 2012 Q1
Civil Georgia, Tbilisi / 24 Apr.'12 / 13:43

Georgia’s foreign trade turnover was USD 2.24 billion in the first quarter of 2012, a 17% increase from year earlier with trade deficit widening to USD 1.16 billion, a 17.4% increase year-on-year, Georgian state statistics office, Geostat, said on April 24.

Exports amounted to USD 539 million in January-March 2012, up 16% y/y and imports rose 17% y/y, totaling USD 1.7 billion.

Georgia’s trade turnover with members of Commonwealth of Independent States (CIS) increased 7% y/y in the first quarter reaching USD 715 million making its share in Georgia’s foreign trade 32%.

Trade turnover with the EU-member states increased to USD 621 million in the first quarter, up 26% y/y, making its share in Georgia’s total foreign trade 28%.

Turkey remains Georgia’s largest foreign trade partner with USD 324.18 million, followed by Azerbaijan – USD 281.9 million; Germany – USD 163.1 million; Ukraine – USD 161.2 million; China – USD 125 million; Russia – USD 121.8 million; the United States – USD 94.7 million; Bulgaria – USD 83.2 million; Japan – USD 62.9 million; Kazakhstan – USD 61.6 million.

Re-export of cars amounted to 19.6% of the country's total exports with USD 105.49 million in the first quarter of 2012, followed by ferroalloys with USD 59.2 million, making its share in total export 11%; nuts – USD 40.38 million (7.5%); copper – USD 20.3 million (3.8%); nitrogen fertilizer - USD 19.7 million (3.7%); non-denatured ethyl alcohol and spirits – USD 18.6 million (3.5%); raw or semi-processed gold – USD 17.7 million (3.3%); scrap metal - USD 17.4 million (3.2%); re-export of truck vehicles – USD 14.7 million (2.7%); wheat – USD 11.7 million (2.2%).

Oil products topped the list of imports totaling USD 181.3 million making its share in total imports 10.6%; followed by cars with USD 154.3 million (9%); hydrocarbons - USD 104.5 million (6.1%); wheat – USD 52.7 million (3.1%); medicines - USD 43.6 million (2.6%); computers – USD 24.9 million (1.5%); vans and buses – USD 24.4 million (1.4%); electricity – USD 22.3 million (1.3%); mobile and other wireless phones - USD 22 million (1.3%).

Latest News
01 May.'18 10:55
We Have Moved to a New Platform
Direct Your Bookmarks to https://civil.ge.
29 Apr.'18 03:54
Ruling Party Candidate Wins MP By-Elections
Givi Chichinadze will represent Vani and Khoni single-mandate constituency in the Parliament of Georgia.
28 Apr.'18 09:40
Polls Open for Vani and Khoni MP By-Elections
48,123 voters are eligible to cast their ballots in Vani and Khoni single-mandate constituency.
27 Apr.'18 17:23
State Dept’s Europe Affairs Point Man to Visit Tbilisi
Wess Mitchell will meet senior government officials and address the NATO-Georgia Public Diplomacy Forum.
27 Apr.'18 13:45
In Quotes: Georgian Politicians on Ex-PM Bidzina Ivanishvili’s Comeback
Bidzina Ivanishvili will be approved as the Georgian Dream party chairman at the upcoming convention.
26 Apr.'18 18:15
SG Jens Stoltenberg: Georgia NATO’s ‘Very Close’ Partner
The NATO Secretary General says Foreign Ministers meeting tomorrow will recognize the country’s progress.
26 Apr.'18 14:24
Ex-PM Ivanishvili to Chair Georgian Dream Party
Prime Minister Giorgi Kvirikashvili said Ivanishvili was ‘best equipped’ to add new dynamism to the party.
26 Apr.'18 11:12
Lawmaker Proposes Criminal Liability for ‘Insult of Religious Feelings’
The parliamentary human rights committee decided to set up a working group for scrutinizing the draft law.
25 Apr.'18 17:21
New Abkhaz Government Head Appointed
Gennady Gagulia has served as the Abkhaz “prime minister” twice - in 1995-1997, and 2002-2003.
25 Apr.'18 14:43
Watchdog Improves Georgia’s Press Freedom Ranking
None of the countries of the former Soviet Union (except the Baltics) are ranked ahead of Georgia.

About Civil Georgia
Civil.Ge © 2001-2019, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.
41