GEORGIA

Georgian National Statistics Service (GeoStat) summed 2023. GeoStat Executive Director, Gogita Todradze, reported the Georgian economy grew by 6.9% in 2023 based on the last 11 months’ data. Gogita Todradze pointed out that trade, construction, finance, insurance, and information and communication technologies experienced growth, whereas the procession industry declined. GeoStat Executive Director compared Georgia’s economic … Read more

Based on the economic growth data published today, we can already summarize the trends of economic growth in 2023 – first of all, I would like to note that the economy of Georgia maintains the high economic growth rate recorded in 2021-2022, and we expect that in 2023 the economy of Georgia will grow by … Read more

An agreement was signed between the Government of Georgia and the Government of the People’s Republic of China on international road transportation of passengers and cargo, which provides for the exchange of bilateral and transit transportation quotas for carriers registered in both Georgia and the People’s Republic of China. According to the data of the … Read more

The Georgian external trade turnover amounted to $19.62 billion in January-November, posting a 14.7 percent year-on-year increase. Photo: Geostat Turkey with $2.71 billion, Russia with $2.19 billion and the United States with $1.84 billion were the top trading partners of Georgia in its total external trade turnover between January and November, the National Statistics office … Read more

Georgian external trade turnover amounted to $19.62 billion in January-November. Photo: Geostat Georgian external trade turnover amounted to $19.62 billion in January-November, posting a 14.7 percent year-on-year increase, the National Statistics Office said on Wednesday. The value of exports rose by 11.1 percent and equalled $5.58 billion, while imports also grew by 16.3 percent, amounting … Read more

Aliyev also noted Georgia’s energy security was “fully protected” regardless of what happened between the “big players”. Photo: Georgian Government press office Azerbaijani President Ilham Aliyev on Wednesday lauded his country’s “close cooperation” with Tbilisi on both political level and collaborative projects, and highlighted the positive impact of the “mutually beneficial” partnership on Europe while … Read more

In 10 months, the trade turnover between Georgia and Azerbaijan amounted to $1.230 billion that is $1.7 million more than in the same period of last year. Last year, in January-October trade turnover between the countries stood at $1.058 billion. In 10 months of the current year, Georgia exported the products worth $713,516 million to … Read more

Georgia’s top trading partners by exports were Azerbaijan ($713.5mln), Armenia ($657.5 million) and Kazakhstan ($579.9 million), while imports were topped by Turkey ($2.10 billion), US ($1.59 billion) and Russia ($1.48 billion). Photo: Geostat Turkey with $2.46 billion, Russia with $2.04 billion and the United States with $1.66 billion were the top trading partners of Georgia … Read more

The value of export increased by 12.5 percent reaching USD 5 102.7 million, while the import increased 17.8 percent and amounted to USD 12 683.4 million. The trade deficit equaled USD 7 580.7 million and its share in trade turnover constituted 42.6 percent. Source Link

The Georgian Ministry said Shamugia highlighted the strategic partnership announced between the two countries during Prime Minister Irakli Garibashvili’s visit to China earlier this year, which he said would raise the relations “to an even higher level”. Photo: The Ministry of Agriculture of Georgia A Georgian delegation led by the country’s Agriculture Minister Otar Shamugia … Read more