Georgia’s foreign trade turnover grows by 18 percent

Photo: Georgia’s foreign trade turnover grows by 18 percent / Georgia

Tbilisi, Georgia, April 16

By Nana Kirtzkhalia - Trend:

Georgia's foreign trade turnover increased by 18 percent in Jan.-March 2014, GruzStat (National Statistical Service of Georgia) told Trend on April 16.

Georgia's foreign trade turnover amounted to $2.523 billion (excluding undeclared trade) in the first quarter of 2014, GruzStat said.

During the reporting period, the total volume of export operations amounted to $696 million (an increase by 23 percent compared to the same period of 2013), while the volume of import operations was equal to $1.827 billion (an increase by 16 percent).

The red ink of Georgia's foreign trade turnover amounted to $1.131 billion in the first quarter of 2014, or 45 percent of the country's total foreign trade turnover.

Translated by L.Z.

Edited by: S.I.

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