Georgian external trade up 33.4% in January-April

Georgian external trade turnover amounted to $5.25 billion in January-April 2022, posting a 33.4 percent increase year-on-year, the National Statistics Office of Georgia (Geostat) revealed on Friday. 

The value of exports rose by 32.8 percent and equalled $1.58 billion in the reported period, while imports also grew by 33.7 percent, amounting to $3.66 billion. 

Image: Geostat.

Trade deficit, a measure of the negative balance of trade in which imports exceed exports, reached $2.07 billion, and the share of trade turnover hit 39.6 percent. 

Last year Georgia’s exports totalled $4.24 billion, while imports reached $10 billion. The total turnover was $14.31 billion, while the trade deficit was observed at $5.83 billion.