Georgian external trade up 18% in January-July 2023
Georgian external trade turnover amounted to $12.09 billion in January-July 2023, posting an 18 percent increase year-on-year, the Georgian National Statistics Office revealed on Monday, Azernews reports, citing Agenda.
The value of exports rose by 15.7 percent and equaled $3.57 billion, while imports also grew by 19 percent, amounting to $8.52 billion in the first seven months of 2023.
Image:
Geostat
Trade deficit, a measure of the negative balance of trade in which imports exceed exports, reached $4.94 billion, and the share of trade turnover hit 40.9 percent.
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