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Tag Archives: Exports

Exports to EU Declined by 10% in January-February, Rose by 45.7% with CIS

According to Geostat, the national statistics service of Georgia, in January-February 2019, Georgia’s exports to EU declined by 10.7% and totaled about 118 million USD. At the same time, the imports with EU also decreased by 4.5% and totaled 304.2 million USD. Unlike European Union, in January-February 2019, Georgia’s exports …

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Georgia’s Exports Grew by 23% to 3.36 billion USD in 2018

According to Geostat, the national statistics service of Georgia, Georgia’s foreign trade turnover constituted 12.48 billion USD in 2018, up 17% year on year, including the exports marked 3.36 billion USD, up 22.9% year on year and the imports amounted to 9.12 billion USD, up 14.9% year on year. Negative …

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Georgia Exports 285.4 Tons of Garlic – Where Georgian Garlic Goes

In January-August 2018, Georgia exported 285.4 tons of garlic worth 339 800 USD. According to Geostat, National Statistics Service of Georgia, the exports was fully carried out to Russia. According to the official statistics, besides Russia, in 2017 Georgia exported garlic to Armenia and Azerbaijan too. The country received incomes …

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Exports Increased by 17.1% Y/Y in September

In September 2018, exports increased by 17.1% y/y to US$ 301.7mn, imports were up 3.3% y/y to US$ 711.4mn and the trade deficit was down 4.9% y/y to US$ 409.7mn, according to GeoStat. In September 2018, copper (+63.9% y/y), ferro-alloys (+52.5% y/y), cars (+36.8% y/y), cigarettes (+213.3% y/y) and wine …

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External Trade of Georgia increased by 23.3%

According to the National Statistics Office of Georgia in January-March 2018 external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 2 823.8 million, 23.3 percent higher year-on-year. The exports equalled USD 740.3 million (28.4 percent higher), while the imports stood at USD 2 083.4 million (21.6 percent higher). …

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Record Year for Georgian Wine – 76,7 million Bottles Exported

According to National Wine Agency indicators, Georgia exported 76.7 million bottles of wines to 53 countries, up 54% year on year. Total exports value constituted 170 million USD. The year on year growth marked 49%. The top five countries that imported Georgian wine in 2017 were: Russia – 47,778,920 bottles …

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Results of Georgian Peach Exports

The peach picking season in 2017 has been finished. Georgia has exported 10.8 thousand tons of peach, up 88% year on year. Total value of peach exports made up 4.2mln USD. According to Ministry of Agriculture, peach exports in 2017 has considerably increased as compared to 2016 (5.8 thousand tons of …

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Russia Remains Georgia’s Major Exports Market

Russia Remains Georgia's Major Exports Market

Russia remains Georgia’s major exports market. According to January-July indicators, Georgia exported 214.8mln USD products to Russian Federation, that is 14.8% in total exports (1.446bln USD). Georgia exported ferroalloys (80.1mln USD in January-July), wines (48.36mln USD), waters (25.98mln USD), spirits (11.3mln USD) and motorcars (7.6mln USD). All the mentioned groups …

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Turkey Grows Furniture Exports to Georgia

Turkey has decided to expand furniture exports to compensate a contraction of sales on Turkish domestic market. deputy director Junet Iankchioglu, deputy director of MOBSAD, association of furniture manufacturers of Turkey, noted that Turkey exports 50mln USD hotel furniture to Georgia a year. In 2016 furniture sales declined on Turkey …

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Electricity Exports Annual Growth Records 8.6%

Electricity exports in June rose by 8.6% to 230.1 gw/hour. According to G&T, total exports of electricity in 1H17 rose by 7.4%. Electricity exports to Turkey declined by 38.8%, while the previous year’s basis was quite high (+23.1 year on year). Electricity exports to Turkey constituted 28.3% of total exports. …

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Exports up 25.0 Percent y/y in May 2017

In May 2017, exports increased 25.0% y/y to US$ 215.2mn, imports were up 3.8% y/y to US$ 633.2mn and the trade deficit narrowed 4.6% y/y to US$ 418.0mn. Overall in 5M17 exports were up 28.7% to US$1.0bn, imports increased 10.8% to US$ 2.9bn and the trade deficit widened 3.4% to …

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