Home

Trade relations

Economic policy and trade relations

Although Georgia is the main trading partner of Romania in the South Caucasus, bilateral trade turnover is not reflecting yet the potential of the two countries. Romanian exports in Georgia are consisting mainly from mineral and chemical products.

As of December 31, 2013, the Romanian-Georgian trade turnover was 315.52 million EUR, which places Romania on the 10th place among trade partners. Romania's exports in Georgia totaled 314.30 milion EUR, up by 22,52% compared to 2012 year, while imports from Georgia was 1.22 million EUR, down 81.9%. The trade balance is favorable to Romania with 313.08 million EUR

On March 31, 2014, the trade between Romania and Georgia was 59.30 million EUR, down 11.3% compared to the the data of the first 3 months of 2013 year. Exports to Georgia totaled 57.09 million EUR, which represents a decrease by 14.5% and imports from Georgia was 2.21 million EUR, an increase of 99.06%. The trade balance is favorable to Romania with EUR 54.88 million. 

 

Investments made by Georgian companies in Romania 

On 31 July 2012, in Romania were registered two companies with Georgian subscribed capital amounting of 116.900 EUR. As per share capital, Georgia ranked, during 1991 -  2012 years, in the top 82 of the countries of origin of the investors in companies with foreign participation. 


The whole foreign trade turnover of Georgia in 2013 year amounted 10.793 million USD and increased by 1.05%. In 2012 year, compared with the 2011, it has increased by 11% and amounted to 10.277 million USD. In January-May 2014 year Georgian foreign trade ammounted 4.498 million Euro.

 

The Romanian - Georgian trade turnover:

   (in million USD/Euro)

 

2005

(Usd)

2006

 (Usd)

2007

 (Usd)

2008 

(Usd)

2009

(Usd)

2010

(Usd)

2011

(Usd)

2012

(Euro)

2013 

(Euro)

I Trim., 2014 

(Euro)

Total 

168,5

205,4

141,8

239,4

185,2

213,134

281,720

257,52

315,52

59,30

Export

160,3

197,8

141,3

237,0

178,6

201,542

262,265

250,78

314,30

57,09

Import

8,2

7,6

0,5

2,4

6,6

11,592

19,454

6,74

1,22

2,21

Sold

+152,1

190,2

140,8

+234,6

+172

+189,950

+242,811

+244,04

+313,08

+54,88

Source: http://www.dce.gov.ro/

 

  • RO at UN HRC
  • SEECP
  • Romanian tourism
  • Turism.ro
  • 10 years in NATO!
  • The Embassy of Romania to Georgia express its sincere condolences to the families of those who lost their lives in the deadly gas explosion in Tbilisi that occurred on January 16 and its full sympathy for the people affected by this tragic event. We hope the injured persons will be able to overcome this difficult time as soon as possible.