Georgia’s foreign trade turnover with EU countries grows by 16 percent

Photo: Georgia’s foreign trade turnover with EU countries grows by 16 percent / Georgia

Tbilisi, Georgia, June 24

By Nana Kirtzkhalia - Trend:

Georgia's foreign trade turnover with the European Union (EU) countries was $1.165 billion in January-May, 2014, which is 16 percent more than in the same period of 2013.

The country's export totaled $253 million (a 58 percent increase), while its import was equal to $912 million (an increase by eight percent), Georgia's National Statistics Office (GeoStat) said.

The share of the EU countries in Georgia's foreign trade turnover stood at 26 percent (22 percent in export and 27 percent in import).

The EU countries accounted for 31 percent of Georgia's trade deficit, while this figure was equal to 36 percent in January-May, 2013.

Edited by CN

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Tags: EU , Georgia