National maritime single window system is introduced in Georgia

According to the Georgian Maritime Transport Agency, online services will be received by marine vessels entering country’s ports through a “single window” starting October 1.
The delay time in port will be reduced to 90 minutes with the introduction of the new system for container ships and to four hours for other types of vessels, servicing of vessels in port will be accelerated and shipping companies’ costs will be significantly reduced.
The maritime single window system began to be rolled out at Georgian ports in May 2023, taking into account the requirements and expectations of stakeholders while developing the online analogs of port processes.
The introduction of European rules in Georgia’s maritime sector will eliminate obstacles and barriers for international shipping, simplify procedures and bring them in line with international standards.
International donors supported the project financially.
NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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Serbian external trade’s data for August 2024

An increase of 3.4% compared to the same period last year was shown by the overall external trade in the Republic of Serbia for the period January-August 2024 (USD 48591.9 million). Expressed in Euros, the increase attained 3.5% (EUR 44850.6 million).
A 1.5% growth compared to the same period last year was demonstrated by the value of exports (USD 21011.7 million or EUR 19393.5 million). The value of imports rose up by 5.0% (USD 27580.2 million) and by 5.1% expressed in Euros (EUR 25457).
The deficit increased by 18.0% in relation to the same period last year and attained USD 6568.5 million. Expressed in Euros, it rose up by 18.3% compared to the same period last year (6063.6 million).
A decrease by 2.6% was shown by the export – import ratio.
The highest level of the external trade in the reference period was registered with the counties with which agreements on free trade has been signed. 58.9% of total external trade are accounted for European Union member countries.
CEFTA countries are Serbia’s second major partners. The exports of cereals and produces thereof, beverages, oil and oil derivatives, road vehicles, and electricity made their gained surplus in external trade reach USD 2087.7 million (EUR 1926.7 million). Serbian exports in the referent period reached USD 3202.1 million (2955.3 EUR). Its imports equaled USD 1114.4 million (EUR 1028.6 million) and the export– import ratio was 287.3 %.
NH Logistics SER has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Serbia and Eurasia, supporting many clients with their import/export shipments.

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Trade turnover between Ukraine and Azerbaijan may exceed USD 500 million this year

“This year, the trade turnover between Azerbaijan and Ukraine is expected to exceed USD 500 million,” said Gennadiy Chyzhykov, the President of the Ukrainian Chamber of Commerce and Industry in an interview with APA-Economics. According to him, with the start of the war between Russia and Ukraine, Ukraine’s trade turnover with Azerbaijan, which was more … Read more

External trade, August 2024

The overall external trade in the Republic of Serbia for the period January-August 2024 amounted to: – USD 48591.9 million – which was an increase of 3.4% compared to the same period last year; – EUR 44850.6 million – which was an increase of 3.5% compared to the same period last year. The value of … Read more

Georgia introduces national maritime single window system

Marine vessels entering Georgian ports will receive online services through a “single window” starting October 1, the country’s Maritime Transport Agency reported. “The application of the single window principle resulted in the creation of an integrated system. All government and private agencies whose permission is needed for vessels to enter port are participating in the … Read more

The freight market is still led on by Georgian Airlines

The Civil Aviation Agency of the Ministry of Economy and Sustainable Development reports that Georgian Airlines lead on air cargo transportation in Georgia in January-August 2024 with 574 cargo flights performed through Tbilisi International Airport.
The second place in the ranking of TOP-5 cargo airlines by number of performed flights belongs to Turkish Cargo with 92 flights in the reporting period.
The third position was taken by Geo Sky with 76 flights to Tbilisi International Airport in January-August 2024.
The Estonian airline Airest is fourth in the rating is with 68 flights in 8 months on the Georgian air cargo market.
The fifth place is occupied by Turkish airline MNG Airlines with 51 flights to Georgia in 8 months.
Cargo flights are currently served only by Tbilisi Airport.
NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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The amount of GEL 14 700.8 million is reached by Georgia’s external merchandise trade

A 3.0 % growth was demonstrated by the external merchandise trade (excluding non-declared trade) of Georgia in January-August 2024 (totally USD 14 700.8 million). 2.5 % increase was attained by the exports (4 173.9 million). The imports grew up by 3.3% (USD 10 526.9 million). The share of the negative trade balance in external trade turnover constituted 43.2 percent (USD 6 353.0 million) in January-August 2024.
The top ten Georgia’s trading partners by exports had the share of 81.7 % in the total exports in January-August 2024. Kyrgyzstan (USD 745.5 million), Kazakhstan (USD 538.2 million) and Azerbaijan (USD 476.0 million) were the top partners.
The top ten trading partners by imports had the share of 69.4 % in the total imports of Georgia in January-August 2024. Türkiye (USD 1 761.8 million), USA (USD 1 186.4 million) and Russia (USD 1 167.3 million) were the top partners.
The top ten trading partners had the share of 68.7 % in the total external trade turnover of Georgia in January-August 2024. Türkiye (USD 2 085.3 million), Russia (USD 1 636.2 million) and USA (USD 1 278.8 million) were the top trading partners.

NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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Nearly 691,800 tonnes of sugar are exported by Ukraine in the 2023-2024 marketing year

According to the National Association of Sugar Producers of Ukraine, 691,800 tonnes of sugar have been exported by “Ukrtsukor” in the marketing year of 2023/2024 (approximately 77% of all exports). The main consumers of Ukrainian sugar are Italy (19%), Bulgaria (18%), and Hungary (14%), Cameroon (17%), Libya (15%) and Turkey (11%).
NH Logistics UKR has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Ukraine and Eurasia, supporting many clients with their import/export shipments.

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In the first seven months the Serbian ICT sector exported EUR 2.04 billion worth of services

The total export of services in the information and communication technology (ICT) sector amounted to 2.306 billion euros from January to July, representing a 20 percent increase compared to the same period last year, according to the National Bank of Serbia. In July 2024, ICT service exports totaled 362 million euros, which is 29 percent … Read more