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Georgia shares data on foreign trade in 5M2024

Economy Materials 20 June 2024 11:17 (UTC +04:00)
Ingilab Mammadov
Ingilab Mammadov
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BAKU, Azerbaijan, June 20. Georgia's foreign trade turnover decreased by 2.2 percent from January through May 2024 compared to the same period in 2023, totaling $8.4 billion, says the National Statistics Office of Georgia, Trend reports.

According to the data, the country's imports during the reporting period amounted to $6.2 billion, which is 0.7 percent higher than in January-May 2023.

Meanwhile, exports totaled $2.3 billion, marking a 9.2-percent decline year-on-year.

Georgia's trade deficit for the first five months of 2024 reached $3.9 billion, a 7.5-percent increase compared to the previous year.

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