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Export Increased by 6 percent in the EU, While Decreased by 44 percent in the CIS

Product export of 500 million USD has been made in the EU from Georgia through 11 months. According to Geostat the index is increased by 6% comparing to the same period of the previous year.

However, the import has been 2,192 million USD through January-November, growth totals to 2%.

Totally foreign trade turnover with the EU countries is increased by 3% and the figure totals to 2,792 million USD.

It should be noted, that the share of these countries has amounted to 31% in Georgia’s foreign trade turnover, at that 30% in the export and 32% – in import (respectively, 26, 22 and 28 percent through January – November, 2014).

Trade deficit of 33% (31 percent by January-November, 2014) has accounted for the EU countries.

Foreign trade turnover has amounted to 2,509 million USD with CIS countries in January-November, 2015 (less by 22% comparing to January-November, 2014). At that, export has been 764 million USD (less by 44%), while import – 1,746 million USD (less by 7%).

The share of CIS countries has been 28% in Georgian foreign trade turnover, at that 38% in the export and 25% – in the import (respectively, 31, 52 and 24 interest in January-November, 2014).

To note, 20% of trade deficit has accounted for the CIS countries through January-November, 2015 (10 percent in January-November, 2014).

GBC.ge