Georgia external trade amounts to $4.9 billion in January-March 2019

Georgia external trade amounts to $4.9 billion in January-March 2019

Georgia’s external trade stands at $4.9 billion in January-May 2019 – a 1.1 per cent increase compared to the same data from last year, Georgia’s National Statistics Office (GeoStat) says in its preliminary report for the period.

GeoStat states that exports in the first four months of the year amounted to $1.4 billion, which is more than a 14 per cent increase compared to 2018, while imports stood at $3.4 billion, a decrease by 3.6 percent compared to the same data from 2018.

In January-May 2019, exports from Georgia to countries of the EU amounted to $360.9 million (22.1 percent higher compared to January-May 2018) and constituted 24.6 percent of total exports, while the import amounted to $885.8 million (11.5 percent lower) with 25.4 percent in total imports,” GeoStat says.

In January-May 2019 exports to the countries of the Commonwealth of Independent States (CIS) stood at $748.7 million (28.3 percent higher compared to January-May 2018) and reached 51.1 percent of total export, while the import was $951.3 million (13.2 percent lower) with 27.2 percent in total import.

The top trade partners in exports were Russia ($218.7 million), Azerbaijan ($168.8 million) and Bulgaria ($119.1 million).

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