Georgia’s external trade at $4.95 billion in Jan-May 2019

Georgia’s external trade at $4.95 billion in Jan-May 2019

Georgia’s external trade amounted to $4.95 billion in January-May 2019, says the National Statistics Office of Georgia (Geostat).

This was one per cent higher year-on-year.

In the reporting period the value of Georgian exports increased by 14.2% to $1.46 billion, while the value of imports decreased by 3.6% to $3.49 billion with respect to 2018, said Geostat.

Georgia’s trade deficit came out to $2.02 billion, which was a 40.8% share of the country’s total trade turnover.

Trade deficit is an economic measure of the negative balance of trade in which a country’s imports exceed its exports.

img

admin

Related posts

Georgia Increases Clementine, Apple Exports

Georgia has exported 10,848  tonnes of clementines between August 1, 2020 and January 31, 2021...

Continue reading
by tamar

Six months data: Georgian hazelnuts exports up 49% y/y

Georgia has exported 15,300  tonnes of hazelnuts between August 1, 2020 and January 31, 2021 which...

Continue reading
by tamar

Georgia, India discuss establishment of Indian Embassy in Georgia, negotiations on free trade agreement

Georgian Prime Minister Giorgi Gakharia and Ambassador of India Kishan Dan Dewal have discussed the...

Continue reading
by tamar

Join The Discussion