Azerbaijan remains Georgia’s main trade partner
Georgia, Tbilisi, Oct.25 / Trend, N. Kirtskhalia /
Azerbaijan remains one of Georgia's main trading partners, according to the Georgian State Statistics Service. Trade turnover between the two countries amounted to $713.023 million from January to September this year.
Georgia exported goods worth $270.454 million and imported goods worth $442.569 million. Based on these figures, Georgia has a balance of payments deficit of $172.114 million.
Turkey ranks first among Georgia's foreign trade partners amounting to $1.063 billion, while Ukraine is third at $613.186 million.
It's not all bad for Georgia, though, because its total foreign trade turnover (excluding casual trade) from January to September 2011 amounted to $6.481 billion, which is 39 per cent more than the same period last year.
Exports amounted to $1.552 billion, a 42 per cent growth and imports, $4.929 billion which is a 38 per cent growth.
The negative trade balance amounted to $3.377 billion which is a 37 per cent growth.