Jan-Feb 2020: Georgian external trade amounts to $1.86 billion
In February 2020, the value of exports was $263.6 million, while imports amounted to $703.7 million. Photo: Nino Alavidze/Agenda.ge.
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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).
The value of exports increased 4.5 per cent and reached $526.3 million, while imports increased 6.8 per cent, amounting to $1.33 billion.
The trade deficit of Georgia in January-February 2020 amounted to $802.5 million which is 43.3 per cent of total trade turnover.
In February 2020, the value of exports was $263.6 million, while imports amounted to $703.7 million.
The share of domestic export (export of locally produced goods and services, including those of foreign origin that have been substantially changed through local processing) amounted to 67.4 per cent of total exports in January 2020, reports the government of Georgia.
Georgia exported more than 87 per cent of its domestic export (export of locally produced goods and services, including those of foreign origin that have been substantially changed through local processing) in 2019 to countries with which it has a free trade agreement, said Deputy Minister of Economy Genadi Arveladze at the meeting with the media representatives on DCFTA matters.
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.
Georgia’s external trade turnover amounted to $12.83 billion in 2019, which is an increase of 2.7 per cent compared to last year, show preliminary data from the National Statistics Office of Georgia (Geostat).
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).
Georgian gross domestic product (GDP) grew 2.2 per cent in February 2020 compared to the same period of last year, show the latest data from the National Statistics Office of Georgia (Geostat).
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).
Georgia’s external trade turnover amounted to $2.77 billion in January-March 2020, which is a decrease 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 Georgian economy has shrunk 2.7 per cent in March 2020, show the latest data from the National Statistics Office of Georgia (Geostat). The estimated average real gross domestic product (GDP) growth for January-March equalled 1.5 percent year-on-year.
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).