Trade turnover of Georgia with EU countries decreases by 4.6%
BAKU, Azerbaijan, October 21
By Tamilla Mammadova – Trend:
The exports from Georgia to the EU countries amounted to $620.1 million from January through September 2019, 16.3 percent higher compared to the same period of 2018 and constituted 22.8 percent of total exports, Trend reports via the Georgian National Statistics Office (Geostat).
Meanwhile, the imports from the EU amounted to $1.6 billion (10.6 percent lower compared to the same period last year), making up 25.8 percent in total imports.
The external trade turnover of Georgia with the EU countries amounted to $2.2 billion, showing a 4.6 percent decrease compared to the corresponding indicator of the previous year. The EU countries accounted for 27.9 percent of the trade deficit.
From January through September 2019 the exports to the CIS countries stood at $1.4 billion (23.2 percent higher compared to the same period of 2018) and reached 52.6 percent of total exports.
Meanwhile, the imports equaled $1.7 billion (12.4 percent lower) with 26.3 percent in total import. The trade turnover with the CIS countries totaled $3.1 billion (0.9 percent higher than in the same period last year). The CIS countries accounted for 7.3 percent of the overall trade deficit in the corresponding period
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