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In 2023, turnover with the EU grew by 15%

by mariam.mtivlishvili
March 13, 2024
in Business & Economy, Magazine
Reading Time: 1 min read
In 2023, turnover with the EU grew by 15%

Ministry of Economy and Sustainable Development reports that, turnover with the European Union increased by 15% last year and amounted to 4.5 billion dollars.

According to Genadi Arveladze, Deputy Minister of Economy and Sustainable Development, export products from Georgia have increased, such as: mineral water, fruit and vegetable preserves, etc.

As for what caused the decrease in exports, as Arveladze explained, in total, 16.7% of the 18% decrease is due to the decrease in copper ores and ferroalloys, which decreased not only in the EU market, but also in other international markets.

 

By Mariam Mtivlishvili

 

Tags: turnover
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