In the first quarter of 2009, unprocessed and semi-processed gold moved to the leading position in the list of ten top export items of Georgia with an 11.2% share, the Department of Statistics said.
Unprocessed and semi-processed gold products worth USD 24.56m were exported from Georgia from January-March 2009, up 29.73% compared to the same period last year.
In the reported period, the export of nitrogen fertilizers decreased to USD 19.9m from USD 33.5m. The item ranks second in the list with a 9.1% share. During this year’s first quarter, the export of filbert and nuts increased by 77% to USD 16.76m and the product's share in total exports increased to 7.6% from 2.9%.
The export of motorcars in the first quarter decreased by USD 10m to USD 16.687m and the item's share in total exports stands at 7.6%. Ferro alloys, which lost a leading position in the list in January 2009, ranks fifth with a 6.9% share. Ferro alloys worth USD 15.26m was exported from Georgia during the period, compared to USD 57.64m in the first quarter of 2008. The export of metal scrap iron in January-March 2009 fell to USD 14.06m compared to USD 22.2m in the same period of 2008. The product's share in total exports fell to 6.8% from 7.3%. The export of ethyl alcohol and other spirits increased to USD 13.483m compared to USD 9.72m last year.
The export of copper ore and concentrates significantly decreased to USD 9.68m and the product's share fell to 4.4% from 10%.
Cement exports almost halved in the reported period compared to last year and totalled USD 7.71m. In January-March 2009, the export of wines totaled USD 5.88m, down by USD 1m compared to last year.
In general, from January-March 2009, exports decreased by 33.2% compared to the same period in 2008, and totaled USD 220.1m. In the reported period, imports also decreased by 30.1% and made up USD 982.1m.
Georgia's foreign trade turnover in January-March 2009 totaled USD 1.2b, down 30.7% compared to last year.
Source: Georgia Business Week
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