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Tag Archives: trade

Negative Trade Deficit Hits Historic High

In January-September 2018 Georgia’s foreign trade turnover made up 9 124.8 million USD, up 20.8% year on year, including exports totaled 2 448.1 million USD, up 25.7% year on year;  imports amounted to 6 676.7 million USD, up 19.1%. Georgia’s negative trade balance in January-September 2018 constituted 228.6 million USD (46.3% of total …

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Which Countries Have Positive Trade Balance with Georgia?

In January-August 2018 Georgia exports made up 2 146 million USD and imports constituted 5 954 million USD. Despite Georgia’s negative trade balance in January-August  and the deficit of 3 808 million GEL, the country has positive trade balance of more than 2 million USD with 10 countries. The reporting period recorded the …

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Georgia’s Exports and Imports Reached their Highest Point in 3 years

The first half of 2018 produced some interesting figures regarding Georgia’s external trade. Even though the existing data is only preliminary, the analysis thereof unveils some curious results, PMC Research Center reports. Georgia’s exports and imports reached their highest point for the observed period of 2015-2018. In the first half …

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Georgia’s Exports-Imports Items with EU

Germany, Bulgaria and Italy are only EU countries that were named among Georgia’s ten top major trade partners. According to top 5 exports-imports items: Georgia exports filbert and nut, wood materials, fruit and vegetable juices, tinned fruits and herbs, flour to Germany. Total value of the exports is 45.361 million …

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Azerbaijan Opens Trade Office in China

The opening ceremony of Azerbaijan’s trade representative office has been held the in China’s capital city of Beijing. According to the information, an Azerbaijani delegation led by Minister of Economy Shahin Mustafayev and Chinese officials attended the opening ceremony. Addressing the opening ceremony, Minister Shahin Mustafayev underlined that China is one of …

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External Trade of Georgia Rises in Value

Economy Ministry Predicts Export Growth

In January-October 2017 external merchandise trade (excluding non-declared trade) in Georgia amounted to USD 8566.1 million, 12.7 percent higher year-on-year. The exports equaled USD 2203.1 million (29.4 percent higher), while the imports stood at USD 6363.0 million (7.8 percent higher). The negative trade balance was USD 4160.0 million in January-October …

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Turkmenistan Expands Trading Ties with Georgia

The opening ceremony of the Tbilisi Sea Plaza shopping mall was held in Tbilisi, Georgia, the Turkmen Foreign Ministry said in a message. According to the message, “Turkmenistan” store with a wide range of textile products, carpets and rugs, souvenirs, was opened in the shopping mall. Georgian Prime Minister Giorgi …

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Iranian Trade Delegation to Visit Georgia

Iranian trade delegation will visit Tbilisi, the Georgian capital, from October 8 to 11 to attend the sixth session of Iran-Georgia Economic Commission. Hossein Salahvarzi, the deputy head of Iran Chamber of Commerce, Industries, Mines and Agriculture, will lead the trade delegation. Iran’s Minister of Cooperatives, Labor and Social Welfare …

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