Azernews.Az

By Nazrin Gadimova

Russia ranks fourth among the major trade partners of Georgia, Georgia's statistics body GeoStat reported.

GeoStat said Georgia's foreign trade turnover with Russia amounted to $591.6 million or 6.9 percent of the total foreign trade turnover during the first ten months of 2013, and compared to the same period in 2012, the trade turnover between Georgia and Russia increased by 38 percent.

Export from Georgia to Russia amounted to $131 million (5.7 percent of total exports), while imports from Russia to Georgia amounted to $461 million dollars (7.3 percent of total imports) over ten months of 2013.

Russia is Georgia's fourth largest trading partner behind first place Turkey, which has a foreign trade turnover with Georgia amounting to about $1.2 billion (14.2 percent of the total foreign trade turnover of Georgia). Azerbaijan is second among the main trade partners of Georgia (more than $1.06 billion or 12.4 percent of the total foreign trade turnover), and Ukraine is third (more than $629.1 million or 7.3 percent of the total foreign trade turnover).

The top ten also includes China ($497 million dollars - 5.8 percent), Germany ($ 421.1 million - 4.9 percent), Armenia ($ 392.5 million - 4.6 percent), the USA (about $332 million - 3.9 percent), Bulgaria ($286 million - 3.3 percent) and Romania ($258 million - 3 percent).

The total foreign trade turnover of Georgia amounted to $ 8.6 billion (excluding non-organized trade) in January-October 2013, which is 1 percent more than the same period in 2012.