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Imports of steel ingots to Georgia from Turkey increased sharply in January 2026

Imports of steel ingots to Georgia from Turkey increased sharply in January 2026

In January of this year, Georgia's total foreign trade turnover with Turkey, which is the country's leading trading partner, amounted to $247.1 million, including imports of $194.98 million, up 9.9%, and exports of $52.12 million, up 121.9% year-on-year, according to preliminary data provided by the National Statistical Office of Georgia (Geostat).

In this month, Georgia's imports of ingots and bars of iron or non-alloy steel from Turkey amounted to 35,711 tons, compared with 50 tons in the corresponding month last year. Meanwhile, the value of these imports amounted to $21.31 million, an increase from $38,000 in January 2025.

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