Bank of Georgia Financial Analysis
DIVERSIFIED FOREIGN TRADE
Imports of goods and services
Exports of goods and services
Source: NBG - BOP statistics
Source: NBG BOP statistics
8.0
7.1
7.0
7.5
12
6.0
6.1
0.5
10.1
10
9.2
9.3
9.4
5.9
1.1
0.9
8.7
8.5
6.0
5.1
0.4
0.3
8.0
1.7
0.9
3.0
7.5
1.4
1.6
3.9
2.0
0.7
8
3.0
3.1
5.9
6.1
1.3
1.2
13
1.7
1.7
3.6
2.5
2.5
4.0
3.1
3.1
0.5
2.5
0.3
2.4
10
6
5.3
0.2
0.2
0.9
1.1
1.9
1.0
2.0
2.0
1.8
1.5
4.0
4
7.7 7.7
8.3
2.6
3.0
3.0
3.1
3.3
6.3
6.7
7.0
7.4
6.8
1.1
1.3
1.3
1.6
2.0
5.0
5.1
0.0
2
4.3
0
2012
2013
2017
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
■Goods imports, US$ bn
■Services imports, US$ bn
Imports, 2018
■Re-exports, US$ bn
■Services exports, US$ bn
Exports, 2018
Source: GeoStat
Uzbekistan
2.4%
Other
14.0%
EU
21.7%
Source: GeoStat
1,000
800
Armenia
3.8%
Other
15.9%
EU
28.8%
USA
Kazakhstan
2.7%
3.9%
Ukraine
5.7%
USA
4.8%
Ukraine
5.2%
Azerbaija
n
6.4%
China
Turkey
5.9%
16.1%
Turkey
China
6.9%
9.1%
Russia
10.3%
Armenia /
Russia
8.5%
13.0%
BANK OF GEORGIA
■Goods exports, Geo-originated, US$ bn
Oil imports
600
400
200
Hull
0
Azerbaijan
15.0%
-200
-400
2007
2008
2009
2010
2011
2012
2013
2014
2015
Oil imports, US$ mn
Source: GeoStat
% change, y/y
100%
75%
50%
25%
0%
-25%
-50%
44View entire presentation