Georgia’s external trade up 20.5% in January-October
This year the value of Georgia’s exports increased by 24.5% to $2.75 billion. Photo: N. Alavidze/Agenda.ge.
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Georgia’s external trade grew by 20.5% this year and reached $10.30 billion in January-October 2018, says the National Statistics Office of Georgia (Geostat).
This year the value of Georgia’s exports increased by 24.5% to $2.75 billion, while the value of imports also increased 19.2% to $7.55 billion with respect to January-October 2017, said Geostat.
Georgia’s trade deficit equalled $4.80 billion this year, which was a 46.6% share of the country's total trade turnover.
Trade deficit is an economic measure of the negative balance of trade in which a country's imports exceed its exports.
Georgia is strengthening trade relations with the European Union (EU), to where in January-September of 2018 exports from Georgia amounted to $533 million – 13.2% higher year-on-year.
Georgia’s external trade grew by 20.8 per cent this year and reached $9.12 billion in January-September 2018, says the National Statistics Office of Georgia (Geostat). This year the value of Georgia’s exports increased by 25.7 percent to $2.44 billion, while the value of imports also increased 19.1 per cent to $6.67 billion with respect to January-September 2017, said Geostat.
The external merchandise trade of Georgia has exceeded eight billion USD in January-August 2018, up by 22.6 per cent y/y.
Georgia’s external trade with EU up 25.6%, with CIS up 33.5%
Georgia is increasing its role as an important trade partner for the European Union (EU), the Commonwealth of Independent States (CIS) and other countries.
Georgia’s external trade with EU up 18.6%, with CIS up 27.4%
Georgia is increasing its role as an important trade partner for the European Union (EU), the Commonwealth of Independent States (CIS) and other countries.
Georgia’s external trade grew by 18.6% this year and reached $11.32 billion in January-November 2018, says the National Statistics Office of Georgia (Geostat).
Copper ores and concentrates, motor cars and ferro-alloys were Georgia’s top exported commodities in January-November 2018, shows the preliminary data from the National Statistics Office of Georgia (Geostat).
Georgia’s external trade grew by 17% in 2018, reaching $12.48 billion, says the National Statistics Office of Georgia (Geostat).Last year Georgia’s trade deficit came out to $5.76 billion, which was a 46.1% share of the country's total trade turnover.