Deputy Economy Minister says Georgian exports reached “record high” in Jan-April
Georgian Deputy Economy Minister Vakhtang Tsintsadze on Monday said exports from the country had reached a “record high” figure in the first four months of 2023. Photo: Ministry of Economy
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Georgian Deputy Economy Minister Vakhtang Tsintsadze on Monday said exports from the country had reached a “record high” figure in the first four months of 2023.
The Ministry of Economy cited Tsintsadze as saying the value of exports had risen by about 20 percent in April and reached $0.5 billion.
Between January and April, the figure increased by 23.5 percent and reached $1.96 billion, he also said, adding the increase in exports promoted economic growth in the country.
It is directly related to the efficient use of its transit function by Georgia, and also emphasises increase in the competitiveness of the products produced in Georgia, which is one of the most important priorities of the Government”, he said.
Georgian external trade turnover amounted to $6.49 billion between January-April, posting a 21.9 percent increase year-on-year, the Georgian National Statistics Office revealed on Monday.
The European Union market has been becoming “more stable and predictable” for Georgian exporters, increasing exports of goods to the EU countries to a “record” number, Georgian Deputy Economy Minister Genadi Arveladze said on Friday.
Georgian external trade turnover amounted to $6.49 billion in January-April 2023, posting a 21.9 percent increase year-on-year, the Georgian National Statistics Office revealed on Monday.
Turkey ($673.7 million), Russia ($666.9 million) and China ($376 million) were the top trading partners of Georgia in its total external trade turnover between January and March, preliminary data from the National Statistics office of Georgia shows.
Export of Georgian agricultural products to countries of the European Union is on the rise, with the Ministry of Agriculture data showing a 21 percent year-on-year increase in the figure in the first quarter of 2023.
Turkey ($925.3 million), Russia ($848.5 million) and Azerbaijan ($500.9 million) were the top trading partners of Georgia in its total external trade turnover between January and April, preliminary data from the National Statistics office of Georgia shows.
Georgia has exported locally produced goods worth $1.96 billion in January-April 2023, which is 23.6 percent higher year-on-year, the preliminary data from the National Statistics Office of Georgia show.
Georgian external trade turnover amounted to $8.36 billion in January-May 2023, posting a 18.9 percent increase year-on-year, the Georgian National Statistics Office revealed on Tuesday.
Georgian external trade turnover amounted to $10.26 billion in January-June 2023, posting a 20.1 percent increase year-on-year, the Georgian National Statistics Office revealed on Thursday.