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Geostat: Merchandise trade up 5.5% Y-O-Y Jan–Oct 2024″

by Mariam Razmadze
November 13, 2024
in Business & Economy
Reading Time: 1 min read
Geostat: Merchandise trade up 5.5% Y-O-Y Jan–Oct 2024″

Photo: Geostat.

Between January and October 2024, Georgia’s external merchandise trade, excluding non-declared types, reached USD 19,022.4 million, marking a 5.5% year-on-year increase, preliminary figures from the National Statistics Office of Georgia (Geostat) report.

The detailed breakdown is as follows:

  • Exports: increased by 7.4%, reaching USD 5,468.4 million
  • Imports: increased by 4.8%, reaching USD 13,554.0 million
  • Trade deficit: USD 8,085.6 million, representing 42.5% of the total trade turnover.

 

Tags: GeostatMerchandise trade
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