Georgia’s exports worth $503 million USD in 3 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 Geostat.
In January, February and March, Georgia’s External Merchandise Trade (excluding non-organised trade) amounted to $2.279 billion USD. This was a 10 percent drop when compared to the same figures of 2014.
Geostat preliminary data revealed the value of exports decreased by 28 percent year-on-year, and reached $503 million, while imports dropped three percent and amounted to $1.776 billion.
The trade deficit equalled $1.273 billion and its share in the country’s total trade turnover constituted 56 percent.
Geostat noted more detailed data on External Merchandise Trade of Georgia will be published on April 21, 2015.
•Figures are in USD.
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.
Georgia’s Prime Minister Irakli Garibashvili said the country’s progress in the past 12 months was "very promising”.
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 four months of 2015 in comparison to 2014, claims preliminary data published by the National Statistics Office of Georgia (Geostat).
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.
Georgia is exporting fewer products and importing more from abroad, says the country’s National Statistics Office, Geostat.