GeoStat: External Merchandise Trade up by 3.0 percent in January-August
GeoStat: External Merchandise Trade up by 3.0 percent in January-August

In January-August 2024 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 14 700.8 million, 3.0 percent higher year-on-year, the National Statistics Service (GeoStat) reported.

The exports equaled 4 173.9 million (2.5 percent higher), while the imports stood at USD 10 526.9 million (3.3 percent higher). The negative trade balance was USD 6 353.0 million in January-August 2024 and its share in external trade turnover constituted 43.2 percent.

In January-August 2024 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 81.7 percent. The top partners were Kyrgyzstan (USD 745.5 million), Kazakhstan (USD 538.2 million) and Azerbaijan (USD 476.0 million).