Georgian, Portuguese FMs discuss ties, security, Georgia’s Euro-Atlantic aspirations

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

Georgia’s exports up in January-June 2023

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

Georgian external trade up 20.1% in January-June 2023

The value of exports rose by 19.2 percent and equalled $3.05 billion, while imports also grew by 20.4 percent, amounting to $7.21 billion in the first six months of 2023. Photo: Nino Alavidze/Agenda.ge Georgian external trade turnover amounted to $10.26 billion in January-June 2023, posting a 20.1 percent increase year-on-year, the Georgian National Statistics Office … Read more

Georgian PM highlights “growing trend” in foreign trade, exports, trade turnover

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

Georgia-Kazakhstan trade hits all-time high

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

Georgian external trade up 18.9% in January-May 2023

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

Government report: The average rate of economic growth in the first quarter of 2023 was 7.2%, poverty reached an all-time low, exports increased and reached a record high rate

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 to impose temporary import duty on flour to support local producers

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

Turkey, Russia, Azerbaijan Georgia’s top trading partners in January-April

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