Azerbaijan is Georgia’s 5th leading trade partner

In the first quarter of 2024, Azerbaijan became the 5th main trading partner of Georgia. Azerbaijani media reports based on the data of the National Statistics Service of Georgia. In the reporting period, Georgia imported goods and products worth $208.84 million from Azerbaijan that is 14.5% less compared to last year. Georgia’s export to Azerbaijan … Read more

Imports increased over past 4 months

GEOSTAT notes that in the previous 4-month foreign trade express data, imports increased by 0.3%, while exports decreased by 10.1%. In the period of January-April 2024, the foreign trade turnover with goods in Georgia amounted to $6 billion 563 million, which is 2.7% less than the corresponding indicator of 2023. Source Link

Georgian Deputy Economy Minister, German State Secretary review economic cooperation

Mariam Kvrivishvili, the Deputy Minister of Economy of Georgia and Sven Giegold, the State Secretary of the German Federal Ministry of Economics and Climate Protection, discussed cooperation. Photo: Ministry of Economy Mariam Kvrivishvili, the Deputy Minister of Economy of Georgia and Sven Giegold, the State Secretary of the German Federal Ministry of Economics and Climate … Read more

Georgia’s Foreign Trade Down 6.5% in January-March 2024

On April 19, the National Statistics Service of Georgia (Geostat) published preliminary data indicating that in January-March 2024, Georgia’s foreign trade decreased by 6.5% compared to the same period of 2023, totaling $4.699 billion in value. In January-March 2024, exports from Georgia decreased by 9.3% to $1.326 billion, while imports lowered by 5.3% to $3.373 … Read more

Foreign buyers visit Georgian companies to explore export opportunities in Enterprise Georgia, USAID programme

Buyers from France, the Netherlands and the United Kingdom have visited about 20 Georgian enterprises as part of a programme that supports establishment of export market connections and is implemented by the Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports. Photo: Enterprise Georgia Buyers from France, the Netherlands and the United Kingdom have … Read more

Georgian, South Korean officials discuss free trade deal in Seoul meeting

Georgian and South Korean officials on Tuesday held negotiations on a free trade agreement in Seoul with prospects of strengthening trade and economic ties between the two countries and increasing exports of Georgian products to the Korean market, the Georgian Ministry of Economy said. Genadi Arveladze, the Deputy Economy Minister, said the discussions would accelerate … Read more

Uzbekistan and Georgia see 23% trade growth in 2023

Chairman of the Senate of the Oliy Majlis, Tanzila Norbaeva, conducted a meeting on April 8, with a delegation headed by the Chairman of the Georgian Parliament, Shalva Papuashvili, during their visit to Uzbekistan. The meeting aimed to discuss various aspects of bilateral cooperation, focusing on trade, economic, and investment relations, as well as cultural … Read more

Chinese Ambassador highlights 48% increase in bilateral trade turnover with Georgia in 2023

Qian announced the visa-free regime between the countries would “most likely” be officially signed in April and would be implemented in the coming months, and noted China and Georgia were “actively working” to add more direct flights. Zhou Qian, the Chinese Ambassador to Georgia, on Saturday noted the bilateral trade turnover with Georgia amounted to … Read more

Trade turnover with Armenia decreases by 103.2 million USD

According to GEOSTAT data, trade between Georgia and Armenia amounted to 100.623 million USD in January-February 2024, which is 103.2 million USD less than in the same period of the previous year. In January-February 2024, compared to the same period of 2023, exports from Georgia decreased from 133.082 million USD to 78.795 million USD. As … Read more

Georgian external trade up 14.8% in January with Turkey, Russia, China top trading partners

The Georgian external trade turnover amounted to $1.34 billion in January, posting a 14.8 percent year-on-year increase. Photo: Geostat Turkey with $232.6 million, Russia with $190 million and China with $96.4 million were the top trading partners of Georgia in its total external trade turnover in January, the National Statistics office said on Monday. The … Read more