Georgia’s external trade up 13.8 % in January-June

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Georgia’s external trade grew by 13.8 percent this year and reached $4829.9 million in January-June 2017, says the National Statistics Office of Georgia (Geostat).

This year the value of Georgia’s exports increased by 31.8 percent to $1249.5 million, while the value of imports also increased 8.6 percent to $3580.3 million with respect to January-June 2016, said Geostat.

Georgia’s trade deficit equalled $2330.8 million this year, which was a 48.3 percent share of the country's total trade turnover.

Trade deficit is an economic measure of the negative balance of trade in which a country's imports exceed its exports.