Georgia’s semi-finished export volume to Turkey more than doubles in Q1

Friday, 26 April 2019 17:38:11 (GMT+3)   |   Istanbul

In the first quarter this year, Georgia's total external trade turnover with Turkey, which is the top trading partner of the country, amounted to $373.3 million, including imports worth $316.05 million, down by 89.9 percent, and exports worth $57.26 million, decreasing by 32.9 percent, both on year-on-year basis, according to the data provided by the National Statistics Office of Georgia (Geostat).

In the given period, semi-finished products of iron or non-alloy steel ranked first among Georgia's most exported products to Turkey, amounting to 27,468 metric tons, up by 108 percent year on year. Meanwhile, the value of these exports totaled $10.44 million, up 59.35 percent year on year.

Most Recent Related Articles

US beam imports down 48.9 percent in November

S. Africa's iron ore output down by 7.6 percent in Nov from Oct

Turkish mills manage to keep HRC prices stable for now

Turkish welded pipe prices stable, mood cautious

Export price increases for Brazilian rebar