External merchandise trade increased by 29.1%

20/02/2023

17:21

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“In January 2023 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 1 461.8 million, 29.1% higher year-on-year," - the National Statistics Service (GeoStat) reported.

The exports equaled $459.0 million (38.5 percent higher), while the imports stood at USD 1 002.8 million (25.2 percent higher). The negative trade balance was USD 543.9 million in January 2023 and its share in external trade turnover constituted 37.2 percent.

According to Geostat, in January 2023 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 83.6 percent. The top partners were Russia (USD 87.8 million), Armenia (USD 69.8 million) and Azerbaijan (USD 51.9 million).

In January 2023 the share of the top ten trading partners by imports in the total imports of Georgia amounted to 68.8 percent. The top partners were Russia (USD 175.8 million), Turkey (USD 164.7 million) and Azerbaijan (USD 68.5 million).

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