The value of exports rose by 37.4 percent and equalled $4.09 billion in the reported period, while imports also grew by 34.4 percent, amounting to $9.51 billion. Photo: Nino Alavidze/agenda.ge
Georgian external trade turnover amounted to billion in January-September 2022, posting a 35.3 percent increase year-on-year, the national statistics office revealed on Thursday.
The value of exports rose by 37.4 percent and equalled $4.09 billion in the reported period, while imports also grew by 34.4 percent, amounting to $9.51 billion.
Trade deficit, a measure of the negative balance of trade in which imports exceed exports, reached $5.41 billion, and the share of trade turnover hit 39.8 percent.
Last year Georgia’s exports totalled $4.24 billion, while imports reached $10 billion. The total turnover was $14.31 billion, while the trade deficit was observed at $5.83 billion.
Image: Geostat
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