HOW MUCH WAS TRADE TURNOVER BETWEEN GEORGIA AND THE USA?

The United States of America is among the TOP-5 largest trading partners of the country and ranks fifth with a 6.3%-share. According to official statistics, during 2022, Georgia-USA trade turnover amounted to USD 1 billion 206 million. Trade between the countries increased by 43.1% compared to the same period in 2021 and hit a rate … Read more

Georgian domestic exports up 31.8% in 2022

Georgia has exported locally produced goods worth $5.59 billion in 2022, which is a 31.8 percent increase year-on-year. Georgia has exported locally produced goods worth $5.59 billion in 2022, which is a 31.8 percent increase year-on-year, preliminary data from the National Statistics Office of Georgia show. Geostat said local exports in the country had accounted … Read more

Georgian external trade up 32.8% in 2022

Georgian external trade turnover amounted to $19.04 billion in 2022, posting a 32.8 percent increase year-on-year, the Georgian National Statistics Office revealed on Friday. Georgian external trade turnover amounted to $19.04 billion in 2022, posting a 32.8 percent increase year-on-year, the Georgian National Statistics Office revealed on Friday. The value of exports rose by 31.8 … Read more

Georgia car export and import up in 2022

In 2022, Georgia’s car export and import increased, according to the Office of the State Treasurer, in 11th month of 2022, the budget received GEL 202.4 million in income through car excise tax which is 20% or GEL 34.1 million more compared to the data for 11 months of 2021. In 2021, the total volume … Read more

Upper Lars border crossing capacity for Armenian trucks increases by 1.5-2 times – Ministry of Economy

The number of Armenian trucks passing through the Upper Lars checkpoint on the Russian-Georgian border has almost doubled, Deputy Economy Minister Narek Teryan said. He said the situation began to improve last year after a meeting of economy ministers of Armenia and Russia, when a roadmap for solving these issues was prepared. ‘Today we can … Read more

PM stresses importance of “proper” port, railway infrastructure in realising Georgia’s regional hub role

Georgian Prime Minister Irakli Garibashvili on Tuesday said while Central Asian countries agreed on the need to diversify and develop new routes, a “special attention” was paid to the transport corridor involving Georgia, in his highlighting of the importance of port, railway and other infrastructure for realising the country’s role of a regional hub. Georgian … Read more

Georgian domestic exports up 31.8% in January-November

Geostat said local exports in the country had accounted for 67.6 percent of total exports in the reporting period, amounting to $3.40 billion, 21.2 percent higher compared to the same period of 2021. Georgia has exported locally produced goods worth $5.03 billion between January-November, which is a 31.8 percent increase year-on-year, preliminary data from the … Read more

Georgian external trade up 32.2% in January-November

The value of exports rose by 31.8 percent and equalled $5.03 billion in the reported period, while imports also grew by 32.5 percent, amounting to $11.98 billion. Photo: Nino Alavidze/agenda.ge Georgian external trade turnover amounted to $17.02 billion in January-November 2022, posting a 32.2 percent increase year-on-year, the national statistics office revealed on Monday. The … Read more

Revenue Service rejects “false information” on Czech-made products being exported to Russia

The Revenue Service acknowledged imports of goods from European Union countries including the Czech Republic had increased, adding “most of the goods” included machinery, devices and primary consumer goods imported by companies and intended for local consumption, “not for re-export to other countries”. Photo: Revenue Service Georgia’s Revenue Service on Friday “categorically and with full … Read more