China Ranks Third Among Georgia's Trading Partners
Georgia ’s official foreign trade statistics released recently show that the country ’s foreign trade volume in the first 10 months of this year was basically the same as that of the same period last year, and China ranked steady Third largest trading partner status. According to data released by the National Bureau of Statistics, in the first 10 months of this year, the total foreign trade volume increased by 0.5% year-on-year to reach 10.4 billion US dollars. The main export commodities are copper ore, wine, ferroalloys, mineral water, pharmaceuticals, cars, gold and dried fruits. Among all kinds of export commodities, copper ore is the largest foreign exchange earning commodity, with an export value of about 530 million US dollars, an increase of about 25%. The largest import is petroleum products, with an import value of about 620 million US dollars. Statistics show that Georgia's top three trading partners are Turkey, Russia and China. The trade volume of the three countries accounts for one-third of the total foreign trade, more than 3.5 billion US dollars. Among them, the bilateral trade volume between Georgia and China is 870 million US dollars.