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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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Georgia’s Foreign Trade Turnover Rose in January-June

In January-June 2017 Georgia’s foreign trade turnover (excluding undeclared trade) constituted 4829.9 million USD, up 13.8% as compared to the same period of 2016. According to Geostat, national statistics service of Georgia, exports constituted 1249.5 million USD (up 31.8%), while imports marked 3580.3 million USD, up 8.6%. Negative trade balance …

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Armenia and Georgia set to Expand Bilateral Trade

Armenia and Georgia set to Expand Bilateral Trade

The commerce and industry chambers of Armenia and Georgia signed today a memorandum on cooperation in Yerevan in the presence of the ministers of economy of both countries. Speaking to reporters, Martin Sargsyan, the head of the Armenian Chamber of Commerce and Industry, said the volume of commodity exchange between …

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Georgia’s Trade Turnover with Azerbaijan Grows

Georgian Minister of Economy and Sustainable Development has held the fist meeting with President of Azerbaijan Ilham Aliev. The parties discussed bilateral trade-economic relations and transit potential development perspectives. The parties noted that over the past 4 months Georgia-Azerbaijan trade turnover has grown and this tendency will be continued. “Energy …

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In January-April Georgia’s Foreign Trade Turnover Rose by 17%

trade turnover

In January-April 2017 Georgia’s foreign trade turnover (excluding undeclared trade) made up 3091 million USD, up 17% year on year. According to preliminary indicators of Geostat, national statistics office of Georgia, exports constituted 788 million USD, up 30% and imports marked 2 303 million USD, up 13%. Negative trade balance …

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