laitimes

China has become Georgia's largest export market

author:Xinhua

TBILISI, Jan. 21 (Xinhua) -- According to the latest statistics from the National Bureau of Statistics of Georgia, Georgia's exports to China will grow rapidly in 2021, and China will become Georgia's largest export market.

According to a report released by the National Bureau of Statistics on the 20th, Georgia's exports to China in 2021 reached 615 million US dollars, an increase of 28.9% year-on-year. China became Georgia's largest export market, accounting for 14.5% of Georgia's total exports in 2021.

People in Georgian economic circles said that China is the locomotive driving world economic growth, and China's huge market potential has brought important development opportunities to countries including Georgia. In 2021, Georgia's major exports to China, such as copper ore and wine, showed great growth, providing a strong impetus for the Georgian economy to get out of the haze of the new crown epidemic.

The report also shows that Georgia's exports maintained rapid growth in 2021, with total exports of 4.24 billion US dollars, an increase of 26.9% year-on-year. Russia and Azerbaijan are Georgia's second and third largest exporters, with exports of US$610 million and US$531 million respectively. (End)

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