Georgia’s foreign trade turnover with CIS countries increases

Photo: Georgia’s foreign trade turnover with CIS countries increases
 / Economy news

Tbilisi, Georgia, March 24

By Nana Kirtzkhalia - Trend:

Georgia's foreign trade turnover with the countries of the Commonwealth of Independent States (CIS) in January-February, 2014 stood at $549 million.

This figure is 23 percent more than in January-February, 2013.

Some $233 million of this amount accounted for exports (30 percent more than in January-February, 2013) and $316 million accounted for imports (18 percent more in the same period), Georgia's National Statistics Office told Trend on March 24.

The CIS countries' share in Georgia's total foreign trade turnover is 35 percent, with exports standing at 53 percent and imports at 28 percent.

In January-February, 2013, these figures were 33 percent, 50 percent and 27 percent respectively.

Some 12 percent of the trade deficit accounted for CIS countries during this period.

The trade deficit in January-February, 2013, was 14 percent.

Translated by E.A.

Edited by S.M.

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