Georgia’s exports reached $689m in four months

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.