Georgia's semi-finished exports to Turkey double in H1

Friday, 25 July 2014 11:52:54 (GMT+3)   |   Istanbul
       


 
In the first half of the current year, Georgia's total external trade turnover with Turkey, which is the top trading partner of the country, totaled $939.51 million, including exports of $112.27 million, up 37.10 percent, and imports of $827.24 million, up 35.42 percent, both on year-on-year basis, according to the data provided by the National Statistics Office of Georgia (Geostat).
In the first half, semi-finished products of iron or non-alloy steel ranked first among Georgia's exports to Turkey, amounting to 43,154 metric tons, up 106.94 percent year on year. Meanwhile, the value of these exports totaled $20.82 million, up 110.92 percent year on year. Exports from Georgia to Turkey of the semi-finished products in question had only amounted to 20,853 metric tons in the same period of 2013.

Similar articles

Kardemir’s billet sales dampen bullish mood among ex-Black Sea suppliers

26 Apr | Longs and Billet

Global View on Billet: Market at crossroads as Asian mills remain bullish, MENA unable to follow

26 Apr | Longs and Billet

Ex-ASEAN billet exporters bullish after news from China

25 Apr | Longs and Billet

SE Asia’s import billet market still resists sellers’ attempts to hike prices, deals rare

25 Apr | Longs and Billet

Iran floats new billet export tenders, price expectations weak

25 Apr | Longs and Billet

Asian billet prices rise in Turkey, but yet to see buyers’ acceptance

24 Apr | Longs and Billet

Ex-India billet prices stable, sellers still hope for improvement amid stable local demand

24 Apr | Longs and Billet

ASEAN mills not in hurry to sell semis, awaiting for further strengthening of market

23 Apr | Longs and Billet

India’s RINL floats export tender for 30,000 mt of billet for early June shipment

22 Apr | Longs and Billet

Global View on Billet: Bullish Asia spreads positive mood, buyers in some regions resist

19 Apr | Longs and Billet