NEWS

Georgian external trade up 29% in January 2023

The value of exports rose by 38.5 percent and equalled $459 million, while imports also grew by 25.2 percent, amounting to $1 billion in 2023. Photo: Geostat

Agenda.ge, 13 Feb 2023 - 16:00, Tbilisi,Georgia

Georgian external trade turnover amounted to $1.46 billion in January 2023, posting a 29.1 percent increase year-on-year, the Georgian National Statistics Office revealed on Monday.

The value of exports rose by 38.5 percent and equalled $459 million, while imports also grew by 25.2 percent, amounting to $1 billion in 2023.

Image: Geostat

Trade deficit, a measure of the negative balance of trade in which imports exceed exports, reached $543.9 million, and the share of trade turnover hit 37.2 percent.

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