In January-December, the import of copper into Georgia was reduced to $ 231 million and exports to $ 472 million. Most of the external trade with copper is re -export. The cost of exported copper decreased by 49.4% annually to $ 472 million in 11 months of 2023.

In December 2023, the copper price increased by 0.9% monthly, and a 1.2%-increase annually. Within 11 months of 2023, exports of ferroalloys from Georgia decreased by 67.4% to $ 148 million annually. The cost of exports of ferroalloys decreased by 67.4% annually in 11 months of 2023, which is explained by a sharp decline in prices, which led to the manufacturers to reduce the volume of exports.

In December 2023, the price of European ferrosilicon increased by 3.2%, while the Chinese remained unchanged - $ 1,335 per tone. Despite a small increase in Europe, prices have almost never been restored during the year. In the context of the year, the price of the European raw materials decreased by 30.2%, while the Chinese - by 18.8%. The reduced international prices were also reflected in the export of the Georgian ferroalloys with an annual decline.