External Merchandise trade up by 18% in January-July
External Merchandise trade up by 18% in January-July

In January-July 2023, the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 12 097.6 million, 18.0 percent higher year-on-year, the Georgian National Statistics Service (GeoStat) reported.

The value of export increased by 15.7 percent reaching USD 3 575.6 million, while the import increased 19.0 percent and amounted to USD 8 522.1 million.

The trade deficit equaled USD 4 946.5 million and its share in trade turnover constituted 40.9 percent.