Georgia’s exports worth $884m in January-May 2015

The value of Georgia’s exports and imports reached almost $4 billion USD in the first five months of 2015, say Geostat, the National Statistics Office of Georiga.

Preliminary data released today revealed Georgia’s External Merchandise Trade (excluding non-organised trade) amounted to $3.9 billion between January and May 2015. This was a 13 percent decrease on the same period of 2014, stated Geostat.

Between January-May 2015, the value of exports decreased by 25 percent, reaching $884 million, while the value of imports dropped by nine percent and amounted to $3.03 billion in comparison to respective 2014 data.

The trade deficit equalled $2.15 billion and its share in trade turnover constituted 55 percent.

Detailed data on External Merchandise Trade of Georgia will be published by Geostat onJune 22, 2015.