Georgia’s external trade up 12.7 % in January-October
Tweet 
Share
Georgia’s external trade grew by 12.7 percent this year and reached $8566.3 million in January-October 2017, says the National Statistics Office of Georgia (Geostat).
This year the value of Georgia’s exports increased by 29.4 percent to $2203.1 million, while the value of imports also increased 7.8 percent to $6363.3 million with respect to January-October 2016, said Geostat.
Georgia’s trade deficit equalled $4160.2 million this year, which was a 48.6 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.
Georgia’s external trade with EU up 5.6%, with CIS up 31.2%
Georgia is increasing its role as an important trade partner for the European Union (EU), the Commonwealth of Independent States (CIS) and other countries.
Georgia’s external trade with EU up 7.4%, with CIS up 31%
Georgia is increasing its role as an important trade partner for the European Union (EU), the Commonwealth of Independent States (CIS) and other countries.
Turkey, Russia and China are Georgia’s top trade partners this year, shows preliminary data from the National Statistics Office of Georgia (Geostat).
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).