Georgia’s external trade at $5.96 bln in Jan-June 2019
The value of Georgian exports increased by 11.5 per cent to $1.77 billion, while the value of imports decreased by 4.9 per cent to $4.19 billion with respect to 2018. Photo: Nino Alavidze/Agenda.ge.
Tweet 
Share
Georgia’s external trade decreased by 0.6 per cent and reached $5.96 billion in January-June 2019, says the National Statistics Office of Georgia (Geostat).
The value of Georgian exports increased by 11.5 per cent to $1.77 billion, while the value of imports decreased by 4.9 per cent to $4.19 billion with respect to 2018, said Geostat.
In the reporting period Georgia’s trade deficit came out to $2.41 billion, which was a 40.5 per cent 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.
Trade turnover between Georgia and EU increased by 17.7% in comparison to 2017 and reached $3.35 billion in 2018, much in part thanks to the Deep and Comprehensive Free Trade Area (DCFTA) agreement with the EU.
Georgia’s external trade with EU up 6.3%, with CIS up 2.8%
Georgia is increasing its role as an important trade partner the Commonwealth of Independent States (CIS), while trade turnover with the European Union decreased this year.
Georgia’s external trade stands at $4.9 billion in January-May 2019 – a 1.1 per cent increase compared to the same data from last year, Georgia’s National Statistics Office (GeoStat) says in its preliminary report for the period.
Georgia’s external trade amounted to $4.95 billion in January-May 2019, says the National Statistics Office of Georgia (Geostat).In the reporting period the value of Georgian exports increased by 14.2% to $1.46 billion, while the value of imports decreased by 3.6% to $3.49 billion with respect to 2018, said Geostat.
Turkey, Russia and Azerbaijan 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-June 2019 made for 67.2 per cent of the country’s total trade turnover.
Georgia’s external trade decreased by 0.2 per cent and reached $7.07 billion in January-July 2019, says the National Statistics Office of Georgia (Geostat).
Turkey, Russia and Azerbaijan are Georgia’s top trade partners this year, show preliminary data from the National Statistics Office of Georgia (Geostat).
Georgia’s external trade turnover increased to $8.13 billion (0.01%) in January-August 2019, reports preliminary data by the National Statistics Office of Georgia (Geostat).