Georgia’s exports worth $443m in January-March 2016

Georgia has the most open governance of 13 Eastern European and Central Asian countries, claimed a WJP report. Photo by N. Alavidze /, 13 Apr 2016 - 12:26, Tbilisi,Georgia

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

Preliminary data published today showed Georgia’s External Merchandise Trade (excluding non-organised trade) amounted to $2.136 million in January-March 2016. This was a seven percent drop compared to the same period of 2015.

Furthermore Geostat said the value of the country’s exports decreased 13 percent to $443 million, while imports decreased six percent to $1.693 million in January-March 2016.

Georgia’s trade deficit equalled $1.25 million, which made up 59 percent of total trade turnover.