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Jan-March 2020: Georgian external trade amounts to $2.77 billion

The trade deficit of Georgia in January-March 2020 amounted to $1.23 billion which is 43.9 per cent of total trade turnover. Photo: Nino Alavidze/Agenda.ge.

Agenda.ge, 13 Apr 2020 - 13:25, Tbilisi,Georgia

Georgia’s external trade turnover amounted to $2.77 billion in January-March 2020, which is an increase of 2.7 per cent compared to the same period of last year, show preliminary data from the National Statistics Office of Georgia (Geostat).

The value of exports decreased 5.9 per cent and reached $778.2 million, while imports also decreased 1.4 per cent, amounting to $1.99 billion.

The trade deficit of Georgia in January-March 2020 amounted to $1.23 billion which is 43.9 per cent of 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, Azerbaijan - Georgia's top trading partners in Jan-Feb 2020

19 Mar 2020

Turkey, Azerbaijan and Russia were Georgia's top trading partners in January-February 2020, show the preliminary data from the National Statistics Office of Georgia (Geostat).

Jan-Feb 2020: Georgian external trade amounts to $1.86 billion

13 Mar 2020

Georgia’s external trade turnover amounted to $1.86 billion in January-February 2020, which is an increase of 6.1 per cent compared to the same period of last year, show preliminary data from the National Statistics Office of Georgia (Geostat).

Jan 2020: Georgian external trade up 5.7 per cent

13 Feb 2020

Georgia’s external trade turnover amounted to $882.4 million in January 2020, which is an increase of 5.7 per cent compared to the same period of last year, show data from the National Statistics Office of Georgia (Geostat).

Exports from Georgia hit historic high in 2019

20 Jan 2020

Export from Georgia reached a historic high in 2019, announced the Georgian government earlier today, stating that exports to the EU also reached a record high, with the value of exports increased 12.4 per cent and reaching $3.77 billion, while imports decreased 0.8 per cent, amounting to $9.06 billion.

International Monetary Fund forecasts 3% economic growth in Georgia in 2021

14 Apr 2020

Economic growth in Georgia is projected to reach 3 per cent in 2021, while it will be reduced by 4 per cent in 2020, says the International Monetary Fund (IMF) in its World Economic Outlook. It says that the COVID-19 pandemic is inflicting high and rising human costs worldwide and the necessary protection measures are severely impacting economic activity.

Agriculture in Georgia: how much food did the country produce in 2019?

16 Apr 2020

The production of wheat, barley, potatoes, stone fruits and citrus decreased in Georgia in 2019, while the production of maize, nuts and subtropical fruits increased in the country, show the preliminary data of 2019 published by the National Statistics Office of Georgia (Geostat).

Jan-Apr 2020: Georgian external trade amounts to $3.46 billion

13 May 2020

Georgia’s external trade turnover amounted to $3.46 billion in January-April 2020, which is a decrease of 11.8 per cent compared to the same period of last year, show preliminary data from the National Statistics Office of Georgia (Geostat).