NEWS

Georgia’s imports and exports worth $8.9 billion

Georgia's trade deficit equalled $4.854 billion, which made up 55 percent of total trade turnover. Photo from President's Press Office.

Agenda.ge, 14 Dec 2015 - 12:25, Tbilisi,Georgia

The value of Georgia’s exports and imports (External Merchandise Trade) is decreasing year-on-year (y/y), claims the National Statistics Office of Georgia, Geostat.

Between January and November 2015, Georgia’s External Merchandise Trade (excluding non-organised trade) amounted to $8.892 billion USD, according to preliminary data published today.

This was a 14 percent drop compared to the same figures of 2014.

Furthermore, Geostat said the value of the country’s export decreased 23 percent, to $2.019 billion USD, while imports dropped by 11 percent and amounted to $6.873 billion USD, with respect to January-November of 2014.

The trade deficit equalled $4.854 billion USD, which made up 55 percent of total trade turnover.

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