Vakhtang Tsintsadze, the Deputy Economy Minister of Georgia, on Thursday said the country’s external trade turnover had hit “record levels” between January and November, reaching $21 billion, while exports showed a 7.9 percent growth, totalling $6 billion. Vakhtang Tsintsadze, the Deputy Economy Minister of Georgia, on Thursday said the country’s external trade turnover had hit … Read more
Georgia’s external trade turnover reached $21.1 billion between January-November, reflecting a 6.6 percent increase compared to the same period last year. Georgia’s external trade turnover reached $21.1 billion between January-November, reflecting a 6.6 percent increase compared to the same period last year, the National Statistics Office said on Friday. Exports climbed by 7.9 percent to … Read more
In January-October 2024, Georgia-EU trade turnover exceeded USD 4 billion, USD 362 million or 9.8% more than last year. Considering that for 2023, the turnover amounted to USD 4.5 billion, 2024 might seem a record year in terms of trade with the EU. In the first ten months of this year, trade with the EU … Read more
In January-October 2024 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 19 025.3 million, 5.5 percent higher year-on-year. The exports equaled 5 468.4 million (7.4 percent higher), while the imports stood at USD 13 556.9 million (4.8 percent higher). The negative trade balance was USD 8 088.5 million in January-October 2024 … Read more
Georgia’s exports to the EU equaled $456 million, a 25% decline compared to 2023, seeing the EU’s share in Georgia’s total exports drop to 8.4%. Top Exported Commodities: Hazelnuts and other nuts: $45.3 million (+20% Year-on-Year) Copper ores and concentrates: $42.5 million (-85% YoY) Precious metal ores and concentrates: $39.8 million (+2,445% YoY) Oil and … Read more
Georgia’s external trade turnover amounted to $19.02 billion between January-October, posting a 5.5 percent year-on-year increase, with the list of top trading partners of the county topped by Turkey with $2.63 billion, Russia with $2.06 billion and the United States with $1.72 billion. Georgia’s external trade turnover amounted to $19.02 billion between January-October, posting a … Read more
Georgian Deputy Economy Minister Irakli Nadareishvili on Friday emphasised the importance of China as the country’s trade and economic partner and expressed optimism about the ongoing China International Import Expo as a platform for forging business connections for domestic exporters. Georgian Deputy Economy Minister Irakli Nadareishvili on Friday emphasised the importance of China as the … Read more
Georgian Deputy Economy Minister Genadi Arveladze on Friday emphasised the country’s strategic importance as a logistics gateway between Europe and Asia during a panel discussion at the 23rd ministerial session of the Central Asian Regional Economic Cooperation Programme in Astana, Kazakhstan. Georgian Deputy Economy Minister Genadi Arveladze on Friday emphasised the country’s strategic importance as … Read more
The Forum is part of the China International Import Expo, a trade fair held annually in Shanghai. The Georgian delegation includes around 40 companies showcasing their products and services across three distinct pavilions, with the support of Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports. Georgian Deputy Economy Minister Irakli Nadareishvili on Wednesday … Read more
Georgian Economy Minister Levan Davitashvili and Márton Nagy, the Minister for National Economy of Hungary, on Tuesday discussed the current state of trade and economic relations between the two countries, as well as the prospects for their further development. Georgian Economy Minister Levan Davitashvili and Márton Nagy, the Minister for National Economy of Hungary, on … Read more