728x90
Home / Economy / Georgia’s Trade Turnover Rose by 15% with EU, by 40% – with CIS
trade turnover

Georgia’s Trade Turnover Rose by 15% with EU, by 40% – with CIS

In January-February 2017 Georgia’s foreign trade turnover with EU countries made up 375 million USD, up 15% year on year, including exports marked 102 million USD, up 31% year on year, and imports totaled 274 million USD, up 10% year on year.

According to Geostat, ratio of these countries in Georgia’s total foreign trade turnover made up 26%, including 29% in exports and 26% in imports (27%, 28% and 27% in January-February 2016). Trade deficit with EU member countries constituted 24% (26% in January-February 2016).

Georgia’s foreign trade turnover with CIS countries totaled 497 million USD, up 40% compared to January 2016, including exports made up 129 million USD, up 75% and imports marked 367 million USD, up 31%. Ratio of CIS countries in Georgia’s total foreign trade turnover made up 35%, including 36% in exports and 34% in imports (29%, 26% and 30% in January-February 2016). In January-February 2017 trade deficit with CIS member countries made up 33% (32% in January-February 2016).