...

Georgia's foreign trade turnover increases by 10%

Georgia Materials 25 October 2014 10:57 (UTC +04:00)
Georgia's foreign trade turnover (excluding non-organized trade) amounted to $8.376 billion in January-September 2014 or by 10 percent more compared to the same period of 2013, the Georgian Statistics Committee told Trend Oct. 24.
Georgia's foreign trade turnover increases by 10%

Tbilisi, Georgia, Oct. 24
By Nana Kirtzkhalia - Trend:

Georgia's foreign trade turnover (excluding non-organized trade) amounted to $8.376 billion in January-September 2014 or by 10 percent more compared to the same period of 2013, the Georgian Statistics Committee told Trend Oct. 24.

The exports totaled $ 2.153 billion (seven percent growth), while imports - $6.223 billion (12 percent growth) during this period.

The negative balance of trade amounted to $4.07 billion or 49 percent of the total foreign trade turnover.

Thus, Georgia's trade turnover with the EU countries increased by eight percent and amounted to $2.187 billion in January-September 2014 compared to the same period of 2013.

The exports amounted to $458 million (23 percent more), import - $1.729 billion (five percent more).

The EU countries' share in Georgia's foreign trade turnover for the period was 26 percent, including exports - 21 percent, while imports - 28 percent (the corresponding figures for January-September of 2013 - 27, 18 and 30 percent).

Around 31 percent of the trade deficit accounted for the EU countries (36 percent - in January-September 2013).

Georgia's trade turnover with the CIS countries increased by 0.4 percent and amounted to $2.612 billion in January-September 2014.

The exports amounted to $1.128 billion (one percent more), import - $1.484 billion (0.3 percent more).

The CIS countries' share in Georgia's foreign trade turnover amounted to 31 percent. The share of exports is 52 percent, imports - 24 percent (the corresponding figures for January-September of 2013 - 34, 56 and 27 percent).

Nine percent of the trade deficit accounted for the CIS countries in the reporting period (in the previous year - ten percent).

Tags:
Latest

Latest