Turkey Georgia's main trading partner

Georgia and Turkey trade relations

According to foreign trade data for 2022, Turkey is Georgia’s main trading partner. The trade turnover between the countries exceeds $2.8 billion, with $2.4 billion from imports. Exports from Georgia to Turkey amount to only $435.5 million.

Georgia purchases 17.6% of consumer goods from Turkey. In 2022 imports from Turkey increased by 29.6%.

Goods from Turkey:

• Passenger cars: $105.4 million;
• Packaged medicine: $73.2 million
• Ferrous metal structures and parts: $53.8 million;
• Ferrous pipes, hollow tubes: $47.5 million;
• Cigars, cigarillos and cigarettes: $47 million

In terms of exports, Turkey is the fifth largest partner, accounting for 7.8% of the total.

The largest product groups are as follows:

• Electricity: $79.6 million;
• Jerseys: $72.7 million
• Ferro-alloys: $60.3 million
• Knitted suits and sets for men: $43.6 million
• Semi-finished carbon steel products: $18.2 million

In general, Georgia’s foreign trade turnover in 2022 amounted to $19,430,000,000. The country’s largest trading partners after Turkey were Russia ($2 billion 487 million) and China ($1 billion 863 million).

• Georgia’s economic dependence on Russia is growing
• “Lack of political will” – Why Georgia does not join anti- Russian sanctions?
• Georgia’s budget for 2023: social spending predominates

Compared to 2021, imports from Russia increased by 79.4% and accounted for 13.6% of total imports.

As for exports, last year exports to Russia increased by 6.8%. Russia’s share in exports was 11.7%.

Georgia and Turkey trade relations