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Georgia's trade turnover grows in February 2022

Georgia Materials 15 March 2022 15:35 (UTC +04:00)
Georgia's trade turnover grows in February 2022
Maryana Ahmadova
Maryana Ahmadova
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BAKU, Azerbaijan, Mar. 15

Trend:

Georgia’s foreign trade turnover (excluding non-declared trade) from January through February 2022 amounted to $2.5 billion, Trend reports via National Statistics Office (Geostat).

According to the statistical data, the current index increased by 49.2 percent, compared to $1.6 billion over the same period of 2021, and by 38.8 percent, compared to the reporting period of 2020 ($1.8 billion).

Georgia’s exports from January through February 2022 amounted to $760.4 million, which is an increase of 54.5 percent, compared to $494.7 million over the same period of 2021, and by 44.4 percent, compared to $526.3 million in the reporting period of 2020.

Georgia’s imports in the reporting period of 2022 totaled $1.7 billion – an increase of 47 percent, compared to $1.1 billion from January through February 2021, and 30.7 percent, compared to the period of 2020 ($1.3 billion).

The trade deficit in Georgia from January through February 2022 equaled $1 billion with a 40.1 percent share in the total trade turnover.

The same index over the same period of 2021 amounted to $664.6 million, while its share in the total trade turnover accounting for 40.2 percent.

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