Georgia’s exports reach $1,269m in seven months of 2015
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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).
From January-July 2015, Georgia’s External Merchandise Trade (excluding non-organised trade) amounted to $5,573 million USD, stated Geostat preliminary data. This was a 14 percent drop when compared to the same figures of 2014.
The value of the country’s exports decreased by 24 percent, reaching $1,269 million USD, while imports decreased by 11 percent and amounted to $4,305 million USD in comparison to the January-July period of the previous year.
Geostat said the trade deficit equalled $3,036 million USD and its share in trade turnover was 54 percent.
Geostat noted more detailed data on External Merchandise Trade of Georgia will be published on August 21, 2015.
The cost of living in Georgia is becoming more expensive as health-related costs and prices of food, drinks and tobacco continue to rise.
More Georgian products are being enjoyed in Europe and at the same time, Georgia is reducing its imports and using more locally produced goods.
Georgia is exporting fewer products and importing more from abroad, says the country’s National Statistics Office, Geostat.
The cost of several basic goods and services in Georgia is dropping. Prices are continuing to drop for milk, cheese, eggs and vegetables however consumers are still paying more for fruit
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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).
The value of Georgia’s exports and imports (External Merchandise Trade) experienced a slight downward trend in the first eight months of 2015 in comparison to 2014, claims preliminary data published by the National Statistics Office of Georgia (Geostat).
The first nine 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.