Georgia’s Foreign Trade increased by 20.1% in January

Georgia’s Foreign Trade increased by 20.1% in January

Georgia’s Foreign Trade increased by 20.1% in January

The FINANCIAL -- Georgia’s foreign trade turnover in the first month of 2018 increased by 20.1%, compared to the same period of last year, reaching USD 0.81 billion, according to the preliminary figures released by the State Statistics Office on February 13.

External merchandise trade tendencies of Georgia in January 2013-2018. Source: Geostat

Exports from Georgia increased by 25.7% year-on-year to USD 0.22 billion and imports were up by 18.1% y/y to USD 0.59 billion in January, with trade gap standing at USD 0.37 billion.