West Asian And The Middle East Commodity Market

Anbar Asia

Imports and exports to Georgia - Increased by 2%

Most of Iran's exports to Georgia include: bitumen, fuel oil, coke and various petroleum and petrochemical derivatives, construction materials, agricultural products including: summer vegetables, garlic, onions, potatoes, as well as pistachios and vegetables (International exhibition of Agricultural Companies), a variety of home appliances and so on, if the potential of Iran to export to Georgia is much higher than this amount

Imports and exports to Georgia have special attractions for many countries in the region, especially neighboring countries

Georgia relies on imports of energy resources, including natural gas and oil products, to meet its domestic energy needs. Machinery, equipment, and industrial goods are significant imports for Georgia. This includes machinery for agriculture, manufacturing, construction, and transportation sectors. Georgia imports a range of consumer goods, such as electronics, household appliances, clothing, and Food products. These goods cater to domestic consumption and demand. Georgia imports a substantial number of vehicles, both passenger cars and commercial vehicles. Additionally, automotive parts and accessories are also imported to support the automotive industry.

Georgia relies on imports for pharmaceutical products and medical equipment to meet its healthcare needs. Georgia is known for its agricultural products, including wine, fruits, vegetables, nuts, tea, and honey. These products are exported to various international markets. Georgia has mineral resources such as copper, manganese, and gold. These minerals, along with processed Metal products, are exported. Georgia's textile and apparel industry has been growing, and the country exports garments, textiles, and related products to international markets. Georgia exports chemicals, including fertilizers, as well as pharmaceutical products.

Although there is currently an Iran-Georgia Chamber of Commerce, they do not have much activity to increase trade between Iran and Georgia, and a few months ago, due to some internal conflicts in the Iran-Georgia Chamber of Commerce between its head of two countries, it is not a strong organization. The Chamber of Commerce should be an organization that avoids any business dealings with its members, but unfortunately we see that the Chamber of Commerce itself does legal work for Iranian businessmen, such as registering a company and obtaining a residence permit in Georgia, which is not their specialty.

Most of Iran's exports to Georgia include: bitumen, fuel oil, coke and various Petroleum and Petrochemical derivatives, construction materials, agricultural products including: summer vegetables, garlic, onions, potatoes, as well as pistachios and Vegetables (International exhibition of Agricultural Companies), a variety of home appliances and so on, if the potential of Iran to export to Georgia is much higher than this amount. Imports and exports to Georgia are among the things that many traders and businessmen want to know about. Different countries of the world, on the one hand to meet their domestic needs, and on the other hand to increase national income, import goods and services from other countries and export their goods and services to other countries.

If you intend to carry out industrial activities or export and import in Georgia, it is better to register a company in the ports of this free zone. By doing this, you can reduce many costs and your export and import process will be easier. One of the reasons for the country's growing economic trend is the economic reforms that have taken place in this country in the last decade. Imports and exports to Georgia have special attractions for many countries in the region, especially neighboring countries, and in January 2019, Georgia's foreign trade amounted to $ 826.8 million, which is 1.1% more than in the same period in January 2018. Increased by 2%. Georgia's exports to the Commonwealth of Independent States increased by 55.2% year on year to $ 125.4 million, and 26 million bottles of Georgian wine were exported in 2019.

Apart from goods, Georgia also exports services such as tourism, hospitality, transportation, and IT-related services. Georgia engages in trade with various countries and regions. The EU is an important trade partner for Georgia. The Deep and Comprehensive Free Trade Agreement (DCFTA) between Georgia and the EU has facilitated trade and increased market access. Turkey is a significant trade partner for Georgia, with bilateral trade spanning various sectors. Despite political tensions, Georgia maintains trade relations with Russia, including the export of certain agricultural products. Georgia shares close economic ties with neighboring countries in the Caucasus region, including Azerbaijan and Armenia. Georgia has been expanding its trade relations with Central Asian countries such as Kazakhstan, Uzbekistan, and Turkmenistan.

Ask Your Marketing Questions About West Asian Minerals Petroleum Oil products Construction materials Construction material Chemicals Chemical Metal Petrochemical Bitumen Amber Gold Copper Azerbaijan Armenia Georgia Iran Turkey Food Vegetables Fruit Nuts Trade In West Asia

If you find this article is useful for others, share it to your friends in social media!
Feedbacks
Was this helpful?
Comment
Still have a question?
Get fast answers from asian traders who know.