Georgia’s semi-finished exports to Turkey down 65.7 percent in Q1

Friday, 24 April 2015 16:58:16 (GMT+3)   |   Istanbul
       

In the first quarter of the current year, Georgia's total external trade turnover with Turkey, which is the top trading partner of the country, amounted to $361 million, including exports of $40.77 million, down 17.5 percent, and imports worth $320 million, remaining almost unchanged, both on year-on-year basis, according to the data provided by the National Statistics Office of Georgia (Geostat).
 
In the first three months of this year, semi-finished products of iron or non-alloy steel ranked third among Georgia's most exported products to Turkey, amounting to 8,113 metric tons, down 65.7 percent year on year.
 
Meanwhile, the value of these exports totaled $3.11 million, down 70 percent year on year.

On the other hand, in the given quarter, Georgia's imports of tubes and pipes of iron from Turkey totaled $9.66 million, rising by 60 percent on year-on-year basis.


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