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
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
Georgian external trade turnover amounted to $6.49 billion in January-April 2023, posting a 21.9 percent increase year-on-year. Georgian external trade turnover amounted to $6.49 billion in January-April 2023, posting a 21.9 percent increase year-on-year, the Georgian National Statistics Office revealed on Monday. The value of exports rose by 23.5 percent and equalled $1.96 billion, while … Read more
The global honey market is expected to grow from $8.53 billion in 2022 to $12.69 billion by 2029. The demand for honey is being driven by consumers’ growing preference for natural and organic sweeteners. In 2022, compared to 2021, the export value of Georgian honey increased by 79% and the export volume by 49%, which … Read more
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