NEWS

Georgian external trade up 18% in January-July 2023

The value of exports rose by 15.7 percent and equalled $3.57 billion, while imports also grew by 19 percent, amounting to $8.52 billion in the first seven months of 2023. Photo: Geostat

Agenda.ge, 14 Aug 2023 - 13:39, Tbilisi,Georgia

Georgian external trade turnover amounted to $12.09 billion in January-July 2023, posting a 18 percent increase year-on-year, the Georgian National Statistics Office revealed on Monday.

The value of exports rose by 15.7 percent and equalled $3.57 billion, while imports also grew by 19 percent, amounting to $8.52 billion in the first seven months of 2023.

Image: Geostat

Trade deficit, a measure of the negative balance of trade in which imports exceed exports, reached $4.94 billion, and the share of trade turnover hit 40.9 percent.

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