BAKU, Azerbaijan, Jan. 14
By Tamilla Mammadova – Trend:
External merchandise trade (excluding non-declared trade) of Georgia amounted to $12.8 billion in 2019, Trend reports via the Georgian National Statistics Office (Geostat).
As reported, this is 2.7 percent higher year-on-year.
In 2019 the value of export increased by 12.4 percent reaching $3.7 billion, while the import decreased by 0.8 percent and amounted to $9.1 billion. The trade deficit equaled $5.2 billion and its share in trade turnover constituted 41.2 percent.
The external merchandise trade of Georgia amounted to $11.5 billion from January through November 2019, 1.4 percent higher year-on-year.
Meanwhile, the exports equaled $3.4 billion (11.7 percent higher), while the imports stood at $8.1 billion (2.3 percent lower).
From January through November 2019 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 72.9 percent.
The top partners were Russia ($454 million) and Azerbaijan ($444.6 million).
From January through November 2019 the share of the top ten trading partners by imports in the total imports of Georgia amounted to 65.8 percent. The top partners were Turkey ($1.4 billion), Russia ($868 million) and China ($785.3 million).
From January through November 2019 the share of the top ten trading partners in the total external trade turnover of Georgia amounted to 66.8 percent. The top trading partners were Turkey ($1.6 billion), Russia ($1.3 billion) and China ($982.4 million).
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