External Merchandise Trade of Georgia in January-April up by 22.2%

The preliminary data from the National Statistics Office of Georgia (Geostat) reads that in January-April 2018, the external merchandise trade of Georgia amounted to $3.786.2 million, 22.2% higher than the data of the same period last year.

According to the data, the value of export increased by 22%, reaching $961.4 million, while import grew by 22.3% and amounted to $2.824.8 million. The trade deficit equaled $1.863.5 million and its share in trade turnover constituted 49.2%.

As for January-March statistics, the external merchandise trade of Georgia in Quarter 1, amounted to $ 2 823.8 million, 23.3% higher than the data of the same period last year.

Geostat says that exports in Q1 equaled $740.3 million (28.4% higher), while imports stood at $ 2 083.4 million (21.6% higher).

Geostat says that the detailed data on external merchandise trade of January-April will be published on 21 May, 2018.

By Thea Morrison

 

14 May 2018 12:10