In January-August 2023 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 14 005.0 million, 16.8 percent higher to the same period of 2022. The exports equaled USD 4 079.4 million (14.4 percent higher), while the imports stood at USD 9 925.7 million (17.8 percent higher). The negative trade balance was USD … Read more
External Merchandise Trade (excluding non-declared trade) of Georgia amounted to USD 14 001.1 million in January-August 2023, 16.8 percent higher year-on-year. The value of export increased by 14.3 percent reaching USD 4 075.4 million, while the import increased 17.8 percent and amounted to USD 9 925.7 million. The trade deficit equaled USD 5 850.2 million … Read more
Zhou Qian, the Chinese Ambassador to Georgia, on Wednesday said the Middle Corridor – a transportation route network connecting China with Europe through the South Caucasus region – was “important” for Georgia’s “prosperity”, and added Chinese companies were “interested in all infrastructure projects” in the country and ready to become involved in case of “beneficial … Read more
In January-July 2023, Georgia’s trade turnover with Turkey stood at $1,687.8 billion, Turkey ranks first among its trade partners. In January-July, Turkey accounts for 7.5% ($267 million) of Georgia’s total exports and 16.7% ($1.4 billion) of the country’s total imports. The main export goods Georgia sells to Turkey: • Medicinal products packaged – $78,299.8 thousand … Read more
Neighboring countries account for 50% of re-exports from Georgia. In particular, Sakstat reports that in January-July 2023, the volume of re-export amounted to 1.855 billion dollars, of which the products worth 926.034 million dollars Georgia “resold” to four neighboring countries. he largest volume of products was re-exported to Azerbaijan, followed by Armenia and Russia, the … Read more
External Merchandise Trade (excluding non-declared trade) of Georgia amounted to USD 12 097.6 million in January-July 2023, 18.0 percent higher year-on-year. The value of export increased by 15.7 percent reaching USD 3 575.6 million, while the import increased 19.0 percent and amounted to USD 8 522.1 million. The trade deficit equaled USD 4 946.5 million … Read more
The re-export of cars imported from the US to Russia and Belarus was prohibited from the territory of Georgia from August 1 as per the sanctions imposed by the US and the European Union, the Revenue Service announced on Wednesday. On top of that, the re-export of cars imported from the European Union to Russia … Read more
Georgian Prime Minister Irakli Garibashvili on Tuesday praised bilateral cooperation with Kazakhstan and highlighted the importance of the further development of the Middle Corridor, a route connecting Central Asia and Europe via the South Caucasus, in a meeting with his Kazakh counterpart Alikhan Smailov in Almaty. Extending his gratitude for “warm reception and hospitality” during … Read more
Georgian Foreign Minister Ilia Darchiashvili and his Portuguese counterpart João Cravinho on Thursday discussed bilateral cooperation, security challenges in Georgia and the wider world and Tbilisi’s Euro-Atlantic aspirations. Hosted during the Georgian official’s visit to Portugal, the meeting saw Darchiashvili thank his colleague for his Government’s “continued” support for Georgia’s Euro-Atlantic aspirations and its territorial … Read more
In January-June 2023 the exports of Georgia (excluding non-declared exports) equaled USD 3 052.8 million, 19.3 percent higher year-on-year. Share of the domestic exports in total export constituted 48.3 percent and amounted to USD 1 437.7 million, 21.6 percent lower to the same period of 2022. In January-June 2023 the share of the top ten … Read more