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
On April 20, the National Statistics Service of Georgia published preliminary data indicating that in January-March 2023, Georgia’s foreign trade increased by 22.1% compared to the corresponding period of the previous year, totaling $4.8 billion in value. During the same period, exports from Georgia increased by 24.7% to $1.5 billion, while imports rose by 21% … Read more
Turkey ($673.7 million), Russia ($666.9 million) and China ($376 million) were the top trading partners of Georgia in its total external trade turnover in Q1 2023. Photo: Nino Alavidze/Agenda.ge Turkey ($673.7 million), Russia ($666.9 million) and China ($376 million) were the top trading partners of Georgia in its total external trade turnover between January and … Read more
Azerbaijan became one of the main trade partners for Georgia in the first two months of 2023. In January-February, trade turnover between the countries amounted to USD 242 million 151 thousand. The country ranks the 4th among the largest trading partners with 8.4%-share. According to official statistics, trade with Azerbaijan decreased by 2.7% compared to … Read more
The conversation touched on the Black Sea submarine electricity cable, with the officials discussing attractive sectors for investment and all necessary steps to take the partnership of the two countries to an “even higher level”. Photo via Economy Ministry Georgian Economy Minister Levan Davitashvili on Saturday highlighted the growing dynamics of trade turnover between Georgia … Read more
Georgian Prime Minister Irakli Garibashvili on Tuesday hosted Vladimír Dlouhý, the newly appointed President of Eurochambres, who also heads the Czech Chamber of Commerce. Photo: Government press office Georgian Prime Minister Irakli Garibashvili on Tuesday discussed trade, export markets and his country’s investment potential with Vladimír Dlouhý, the newly appointed President of Eurochambres, the Association … Read more
Georgia has exported locally produced goods worth $914.8 million between January and February. Photo: Nino Alavidze/Agenda.ge Georgia has exported locally produced goods worth $914.8 million between January and February, which is 20.3 percent higher year-on-year, the preliminary data from the National Statistics Office of Georgia show. Geostat said local exports in the country had accounted … Read more
The value of exports rose by 20.3 percent and equalled $914.7 million, while imports also grew by nine percent, amounting to $1.98 billion in the reporting period. Georgian external trade turnover amounted to $2.89 billion in January-February 2023, posting a 12.3 percent increase year-on-year, the Georgian National Statistics Office revealed on Monday. The value of … Read more
In 2022, 14.8 million tons of cargo were transported via Georgian Railway, of which local shipping accounts for 12.8%, international shipping (not including transit)- 28.6% from, transit – 58.6%. In 2022, Turkey accounts for 14.9% of the total transit cargo, the Netherlands -7.8%, Italy- 6.7%, China – 3.5%. In 2022, 25.0% of transit cargo were … Read more
In January 2023 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 1 461.8 million, 29.1 percent higher to the same period of 2022. The exports equaled USD 459.0 million (38.5 percent higher), while the imports stood at USD 1 002.8 million (25.2 percent higher). The negative trade balance was USD 543.9 … Read more