– TOP-10 TRADING PARTNERS OF GEORGIA – In Q1 2021, the share of the top ten trading partners by exports in the total exports of Georgia amounted to 78.2%. The top partners were China (USD 198.7 million), Russia (USD 159.6 million) and Azerbaijan (USD 152.2 million), shows the preliminary data from Statistics Office of Georgia.
Top-10 Trading Partners of Georgia in January-April 2021:
1. China-$198.6million, increase of 53% y-o-y;
2. Russia – $ 159.6 million, increase of 26.8% y-o-y;
3. Azerbaijan – $ 152.2 million, increase of 2.6% y-o-y;
4. Turkey – $ 104.5 million, increase of 65% y-o-y;
5. Ukraine – $ 97.5 million, increase of 61% y-o-y;
6. Bulgaria – $ 85.6 million, decrease of 23% y-o-y;
7. Armenia – $ 53.7 million, decrease of 2.7% y-o-y;
8. US – $ 38.3 million, increase of 15.4% y-o-y;
9. Uzbekistan – $ 24 million, increase of 12.5% y-o-y;
10. Switzerland – $ 23.2 million, decrease of 27.2% y-o-y;
11. Other countries – $ 261.5 USD, increase of 18.2% y-o-y.
– TOP 10 Of EXPORT ITEMS OF GEORGIA – According the Geostat, in January-April 2021 the exports of Georgia (excluding non-declared exports) equaled 1.2 billion USD, 19.6 percent higher year-on-year. In Q1 2021, copper ores and concentrates reclaimed first place in the list of top export items, equaling USD 264.1 million, or 29.9% of total exports. The exports of ferroalloys totaled USD 111.4 million and their share in the total exports amounted to 12.6%. The exports of wine of fresh grapes occupied the third place standing at USD 66.7 million and constituting 7.5% of the total exports.
Top 10 Export Items:
1. Copper ores and concentrates – 264.1 million USD, increase of 30.5% y-o-y;
2. Ferro-alloys – 111.4 million USD, increase of 13 % y-o-y;
3. Wine of fresh grapes – 66.7 million USD, increase of 7.8% y-o-y;
4. Natural or artificial mineral and aerated waters – 41.7 million USD, increase of 5.3% y-o-y;
5. Nitrogenous fertilizers – 36.5 million USD, increase of 5.2% y-o-y;
6. Hazelnuts and other nuts – 29.7 million USD, increase of 2.1% y-o-y;
7. Spiritous beverages – 29.3 million USD, increase of 3.4% y-o-y;
8. T-shirts knitted – 23.1 million USD, increase of 1.6% y-o-y;
9. Gold – 18.7 million USD, increase of 4.2% y-o-y;
10. Waste and scrap of precious metal – 15.4 million USD, increase of 0.6% y-o-y.
– New USAID, Gazelle Finance programme to support over 30 SMEs, economic recovery in Georgia- More than 30 small and medium-sized enterprises (SMEs) in Georgia will benefit from a new three-year programme launched by the United States Agency for International Development (USAID) and Gazelle Finance, a financial company that invests in SMEs in the Eurasia Region, with current focus on Georgia and Armenia. The programme will target a group of high-potential SMEs, helping them attract private sector financing, expand their businesses and generate employment opportunities in their communities. This programme is targeted to support over 30 SMEs, result in creating over 1,677 new jobs, and catalyse more than $15 million in foreign direct investment in Georgia. This blended finance approach, a combination of know-how transfer and investment capital, is the key ingredient to create long-term sustainable businesses, which are currently underserved by the local capital markets”, said the CEO of Gazelle Finance Jeffrey Liebert. The programme will help beneficiary businesses secure access to new export markets, effectively compete with imports, strengthen their management, and improve environmental, social, and governance performance;
– Georgia as a Partner Country of the Spanish International Tourism Exhibition FITUR 2021 – The Head of Government of Georgia launched and toured the International Tourism Exhibition hosted by the IFEMA Exhibition Center together with King Felipe VI of Spain. Georgia is participated in the event as a Partner Country. Georgia has been represented at the international tourism fair with a showcase stand. Designated space allows international tour operators, travel agencies and media representatives to get more information about Georgia’s tourism attractions and travel destinations. “Fitur is one of the largest international tourism exhibitions in the world. Participation here is essential for representatives of all tourism industries. It is noteworthy that this year is the first exhibition in Europe to be held in real space. By participating in the exhibition, Georgia has a unique opportunity to be a partner country. This is a significant opportunity for us to present Georgia in the post-Covid period with tourism products related to safe travel, adventure, agro-tourism, gastronomy, and wine“- said Medea Janiashvili, Head of the National Tourism administration. Madrid has 261 thousand spectators at this year’s exhibition. 165 countries are represented at the show, 11 thousand companies and more than 7 thousand journalists attend the exhibition.