January 2018: Georgia’s external trade up 20.1%
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Georgia’s external trade grew by 20.1 percent in January 2018 and reached $815.8 million, says the National Statistics Office of Georgia (Geostat).
Last month the value of Georgia’s exports increased by 25.7 percent to $222.2 million, while the value of imports also increased 18.1 percent to $593.6 million with respect to January 2017, says the Geostat data.
Georgia’s trade deficit equalled $371.3 million in January 2018, which was a 45.5 percent 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.
Detailed data on external merchandise trade of Georgia will be published on 19 February, 2018.
Turkey, Russia and China are Georgia’s top trade partners in 2017, shows the preliminary data from the National Statistics Office of Georgia (Geostat). Georgia’s top 10 trade partners in 2017 made for 66.7 percent of the country’s total trade turnover, with Turkey, Russia and China filling the top three spots.
Copper ores and concentrates, ferro-alloys and motor cars were Georgia’s top exported commodities in January-November 2017, shows the preliminary data from the National Statistics Office of Georgia (Geostat).
Turkey, Russia and China are Georgia’s top trade partners this year, shows the preliminary data from the National Statistics Office of Georgia (Geostat). Georgia’s top 10 trade partners in January-October 2017 made for 66.1 percent of the country’s total trade turnover.
Georgia’s external trade with EU up 5.6%, with CIS up 31.2%
Georgia is increasing its role as an important trade partner for the European Union (EU), the Commonwealth of Independent States (CIS) and other countries.