Economy
Posted: 4 months ago

Consequences of Free Trade Agreement with China – Georgia’s Exports Marked $872 million

Three years have passed since Georgia and China have signed a free trade agreement.

During this period Georgia has exported products of $872.226 million to China, including the ratio of copper ores and concentrates exceeds 50%. Georgia’s revenues from exports of copper ores and concentrates amounted to $692.538 million.

According to Geostat, the national statistics service of Georgia, wines ranks second in Georgia’s export items with $67.040 million. Medical and veterinary equipment and devices rank third with $30.816 million. Ores and precious metals concentrate rank fourth with $23.771 million. Automobiles rank fifth. It turned out that in 2017-2020, Georgia exported 194 automobiles worth $9,323 to China. As for other products, total exports for three years marked $48.736 million.