Iran-Georgia trade ...
Page 1
One of the main drivers of this surge in trade has been the strengthening of Iran’s domestic production and the expansion of industrial exports. A rise in non-oil exports, particularly in the industrial and petrochemical sectors, has helped boost the overall value of exports even more sharply than their physical volume.
At the same time, efforts have been made to cut back on the weight of imported goods while pushing up their overall value, reflecting a shift toward importing higher value-added products and reducing or phasing out bulk imports of intermediate or basic goods. In other words, the focus in recent years has been on production-oriented imports.
Industrial and petrochemical capacities, which stand as two of Iran’s largest export sectors, played a central role in this transformation. Together, they recorded a near 28% rise in value while their tonnage increased by 27%, underscoring the stronger contribution of high-value exports.
When it comes to Iran’s exports to Georgia in 2024, several key product categories stand out. Ceramic tiles and flooring, valued at more than $20 million, accounted for 80% of Georgia’s imports in that sector. Rolled steel bars and rods followed, worth $11.3 million, meeting nearly 75% of Georgia’s demand in that category.
Other notable export items included steel bars at $11.1 million, bare steel wires at $6.2 million, and steel billets worth about $5.1 million.
On the import side, Iran’s purchases from Georgia in 2024 were mainly agricultural. Georgia served as a key supplier of fruits and vegetables, particularly apples, peaches, plums, and a range of produce such as tomatoes and bell peppers — products for which it has long been known in the Iranian market.