Georgia's external merchandise trade increases
Baku, Azerbaijan, October 21
By Tamilla Mammadova – Trend:
The external merchandise trade (excluding non-declared trade) of Georgia amounted to $9.19 billion from January through September 2019, 0.5 percent higher year-on-year, Trend reports via the Georgian National Statistics Office (Geostat).
The exports equaled $2.71 billion (11.1 percent increase), while the imports stood at $6.47 billion (3.3 percent decrease).
The negative trade balance was $3.75 billion from January to September 2019 and its share in external trade turnover constituted 40.8 percent. The exports (excluding re-exports) amounted to $1.69 billion, 1.6 percent higher year-on-year.
From January through September 2019 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 72.6 percent. The top partners were Russia ($371.1 million) and Azerbaijan ($355.1 million).
In the mentioned period the share of the top ten trading partners by imports in the total imports of Georgia amounted to 65.9 percent. The top partners were Turkey ($1.13 billion), Russia ($661.4 million) and China ($647.2 million).
From January through September 2019 the share of the top ten trading partners in the total external trade turnover of Georgia amounted to 66.7 percent. The top trading partners were Turkey ($1.29 billion), Russia ($1.03 billion) and China ($772.4 million).
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