Garibashvili said trade had increased through free trade agreements with countries, noting 45 states with free trade agreements and the independent customs territory of Hong Kong – a combined space representing 2.3 billion consumers, or one third of the global consumer market – received 87 percent of Georgia’s exports. Photo: Geostat Georgian Prime Minister Irakli … Read more
According to Sakstat, in the first five months of 2023, the trade turnover between Georgia and Kazakhstan amounted to $254.3 million and hit a record for this season. Exports totaled $241.8 million that is 280% more than in the same period in 2022. The list of the largest export goods looks like this: Vehicles – … Read more
In January-May 2023, Georgia’s foreign trade turnover amounted to $8.3 billion that is 18.9% more than in the same period of last year. Exports amounted to $2.5 billion that is 18.6% more than in the same period of 2022. According to the National Statistics Office, the first place among the top export goods is occupied … Read more
Georgian external trade turnover amounted to $8.36 billion in January-May 2023, posting a 18.9 percent increase year-on-year, Azernews reports, citing Agenda.ge. The value of exports rose by 18.5 percent and equalled $2.50 billion, while imports also grew by 19.1 percent, amounting to $5.85 billion in the first five months of 2023. Trade deficit, a measure … Read more
LinkAccording to the government program implementation report, positive trends in the direction of economic growth continued in 2023, and according to preliminary estimates, the average rate of economic growth in the first quarter of 2023 was 7.2%. In addition, as stated in the document, an increase in employment and a decrease in the unemployment rates … Read more
Gov’t is imposing a temporary customs duty on import of wheat flour to support increasing the competitiveness of domestic producers and promote their sales on the local market. Photo: Ministry of Agriculture The Government of Georgia is imposing a temporary customs duty on import of wheat flour to support increasing the competitiveness of domestic producers … Read more
Overall, Georgian external trade turnover amounted to $6.49 billion in January-April 2023, posting a 21.9 percent increase year-on-year. Photo: Geostat Turkey ($925.3 million), Russia ($848.5 million) and Azerbaijan ($500.9 million) were the top trading partners of Georgia in its total external trade turnover between January and April, preliminary data from the National Statistics office of … Read more
Georgian external trade turnover amounted to $6.49 billion in January-April 2023, posting a 21.9 percent increase year-on-year. Georgian external trade turnover amounted to $6.49 billion in January-April 2023, posting a 21.9 percent increase year-on-year, the Georgian National Statistics Office revealed on Monday. The value of exports rose by 23.5 percent and equalled $1.96 billion, while … Read more
The global honey market is expected to grow from $8.53 billion in 2022 to $12.69 billion by 2029. The demand for honey is being driven by consumers’ growing preference for natural and organic sweeteners. In 2022, compared to 2021, the export value of Georgian honey increased by 79% and the export volume by 49%, which … Read more
According to the financial performance of insurance companies, the number of insured cargo exceeded 33 thousand in 2022 that is almost 7 thousand more than last year. According to the number of cargo insurance, the top five insurance companies are as follows: TBC Insurance – 12,683 GPI Holding — 6 356 Aldagi — 5 702 … Read more