Georgia’s exports reached $689m in four months
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The first part of the year has seen the value of Georgia’s exports and imports (External Merchandise Trade) experience a slight downward trend in comparison to 2014, claims the National Statistics Office of Georgia (Geostat).
In January, February, March and April Georgia’s External Merchandise Trade (excluding non-organised trade) amounted to just over $3 million USD. This was a 13 percent drop when compared to the same figures of 2014.
Geostat preliminary data revealed the value of exports decreased by 26 percent, amounting to $689 million, while imports decreased by 8 percent and amounted to $2.3 million in respect to January-April of the previous year.
The trade deficit equalled $1.6 million and its share in trade turnover constituted 54 percent.
Geostat noted more detailed data on External Merchandise Trade of Georgia will be published on May 21, 2015.
The first part of the year has seen the value of Georgia’s exports and imports (External Merchandise Trade) experience a slight downward trend in comparison to 2014, claims Geostat.
In the first two months of the year, Georgia’s External Merchandise Trade (excluding non-organised trade) amounted to $1.4 billion USD. This was a nine percent drop when compared to the same figures of 2013.
The number of Foreign Direct Investments (FDI) in Georgia has reached a five-year high.
The cost of some basic food items in Georgia is dropping thanks to a slight fall in the monthly inflation rate.
Georgia’s Gross Domestic Product (GDP) experienced an average real growth of 3.2 percent in the first three months of the year, says the country’s National Statistics Office (Geostat).
Georgia is increasing its trading powers with European markets, meaning more Georgian products are being enjoyed by consumers in Europe and possibly further abroad.
The cost of living in Georgia is increasing, reflecting the increasing costs of basic food and services.
The cost of some basic food items in Georgia is dropping thanks to a slight fall in the monthly inflation rate while the prices on manufacturing, chemical products and tobacco are on the rise.
The first seven months of the year has seen the value of Georgia’s exports and imports (External Merchandise Trade) experience a slight downward trend year-on-year (y/y), claims the National Statistics Office of Georgia (Geostat).