The Minister of Investment, Industry and Trade of the Republic of Uzbekistan, Laziz Kudratov, held an online meeting with the Minister for International Economic Cooperation of the Republic of Serbia, Nenad Popović, to discuss the development and signing of an Agreement on Trade and Economic Cooperation as well as a Roadmap for Deepening Economic Partnership, … Read more
The Minister of Economy and Sustainable Development of Georgia, Mariam Kvrivishvili, met with the Prime Minister of Uzbekistan, Abdulla Nigmatovich Aripov, during her official visit to Uzbekistan on Wednesday, July 23, 2025. The Minister of Economy and Sustainable Development of Georgia, Mariam Kvrivishvili, met with the Prime Minister of Uzbekistan, Abdulla Nigmatovich Aripov, during her … Read more
As the National Statistics Office of Georgia said on its website, the increase of the trade turnover between Georgia and Russia was 7% year-on-year and reached $1.28 billion in January-June 2025.
In spite of a 2% decline of Georgian exports ($332.2 million) in the first half, there was a 10.5% growth of imports from Russia (totally $950.5 million). The volume of Georgia’s negative trade balance with Russia grew by 18.7% to $608.2 million.
Precisely, the downfall of wine shipments was 34.5% in value terms to $72.8 million, exports of other alcoholic beverages fell down by 6.1% (totally $65.1 million), mineral water exports grew up by 2.4% to $41.75 million and beverages with added sugar declined by 3.9% to $27.1 million in the commodity structure of Georgia’s exports to Russia.
The rise of supplies of oil and petroleum products was 7.5% to $284.5 million, gaseous hydrocarbons grew up by 27.2% to $128 million and wheat – by 17% to $32.25 million. The decline of imports of machinery and equipment was $24.3 million from $119,900 a year previously, and semis from iron and unalloyed steel dropped to $21.7 million from $80,100 in the structure of imports from Russia.
Trade turnover between Georgia and Russia grew up by 5.4% to $2.53 billion in 2024. The increase of Georgian exports over the year was 3.7% ($681.5 million in total), while the rise of imports from Russia attained 6% to $1.85 billion. The total Georgia’s foreign trade deficit with Russia grew up by 7.4% and reached $1.17 billion.
NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.
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According to the central bank, the increase of Serbia’s current account deficit attained 124% on the year in the first five months of the year (totally 1.654 billion euro ($1.927 billion).
As NBS said in a data release on Thursday, the rise of the deficit in trade of goods in the first five months attained an annual 18% (3.003 billion euro in total). Also, there was a decrease of the surplus in trade of services by 16% to 1.016 billion euro.
Notably, the increase of the primary income deficit equaled to an annual 4% (totally 1.138 billion euro). In its turn, the decrease of the surplus in secondary income reached 8% (totally 1.551 billion euro).
Only in May, the growth of Serbia’s current account gap was 2% on the year and reached 334 million euro.
As revised data NBS published last month report, there was an increase of Serbia’s current account gap in 2024 to 3.899 billion euro from 1.804 billion euro in the prior year.
NH Logistics SER has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Serbia and Eurasia, supporting many clients with their import/export shipments.
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Ukraine’s merchandise trade deficit widened 49.1% to $14.594 billion in January-May 2025, from $9.787 billion in the same period of last year, Ukrainian media quoted the State Statistics Service as saying. Exports fell 5.4% year-on-year to $16.947 billion, while imports rose 13.9% to $31.54 billion. Seasonally adjusted exports rose 5.5% to $3.614 billion in May … Read more
Serbia’s current account deficit widened by 124% on the year in the first five months of the year to reach 1.654 billion euro ($1.927 billion), the central bank, NBS, said. In the January-May period, the deficit in trade of goods rose by an annual 18% to 3.003 billion euro, while the surplus in trade of … Read more
The trade turnover between Georgia and Russia increased 7% year-on-year to $1.28 billion in January-June 2025, the National Statistics Office of Georgia said on its website. Georgian exports declined 2% to $332.2 million in the first half, while imports from Russia grew 10.5% to $950.5 million. Georgia’s negative trade balance with Russia amounted to $608.2 … Read more
The growth of Georgia’s External Merchandise Trade (excluding non-declared trade) reached 12.7 percent year -on-year (totally USD 11 933.4 million) in January-June 2025. The increase of the value of export was 13.7 percent (USD 3 234.2 million in total), while the increase of import was 12.4 percent (totally USD 8 699.3 million). USD 5 465.1 million was the total amount of the trade deficit, and it had the share of 45.8 percent in the overall trade turnover.
NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.
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According to the Agrarian Policy and Food Ministry, Ukraine exported 60,000 tonnes of grains and leguminous crops from the start of the 2025/26 marketing year to July 4, 2025.
25,000 tonnes of wheat (compared with 245,000 tonnes in the 2024/25 MY), 34,000 tonnes of corn (468,000 tonnes), and no barley (3,000 tonnes) were included in this amount.
718,000 tonnes of crops had been exported by Ukraine as of July 5, 2024.
They estimate overall amount of Ukrainian flour exports from the start of the 2025/26 marketing year at 500 kilos (compared to 1.1 tonnes in the same period in the 2024/25 MY).
NH Logistics UKR has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Ukraine and Eurasia, supporting many clients with their import/export shipments.
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As Serbia’s statistics office said on Tuesday, the country’s trade deficit grew from an annual 3.8% to 8.541 billion euro ($9.967 billion) in 2024, down from 9.865 billion euro estimated earlier.
According to the statistics office, the increase of exports in 2024 was 6.5% on the year (totally 30.503 billion euro), while the growth of imports was 5.9% (39.044 billion euro in total).
In 2025, there was an increase of the export-import ratio to 78.2% from 77.7% in 2023.
Only in December, a trade gap of 1.104 billion euro was recorded, widening from a 1.071 billion euro trade deficit recorded in the same month in 2023. The rise of exports was 10.4% on the year to 2.423 billion euro in December, while the growth of imports was 8% to 3.527 billion euro.
NH Logistics SER has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Serbia and Eurasia, supporting many clients with their import/export shipments.
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