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
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
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