Georgia’s external trade up 13% in January-November
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Georgia’s external trade grew by 12.9 percent this year and reached $9.56 billion in January-November 2017, says the National Statistics Office of Georgia (Geostat).
This year the value of Georgia’s exports increased by 27 percent to $2.43 billion, while the value of imports also increased 8.8 percent to $7.12 billion with respect to January-November 2016, said Geostat.
Georgia’s trade deficit equalled $4.68 billion 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.
Turkey, Russia and China are Georgia’s top trade partners this year, shows the preliminary data from the National Statistics Office of Georgia (Geostat). Georgia’s top 10 trade partners in January-October 2017 made for 66.1 percent of the country’s total trade turnover.
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).