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Foreign Trade

Georgia’s Exports Amounts to $281m in January-February 2016

Georgia’s foreign trade turnover in January-February 2016 declined by 2% compared to the same period of 2015 and totaled 1.413 billion USD.

The exports in total trade turnover marked 281 million USD, the imports amounted to 1.133 billion USD. In the reporting period, the exports declined by 13% and the imports rose by 1%.

The negative trade balance in January-February 2016 marked 852 million USD and its ratio amounted to 60% in the foreign trade turnover.

Furthermore Geostat said the value of the country’s exports decreased 13 percent to $281 million, while imports grew one percent to $1.133 million in January-February 2016.