Home / Tag Archives: Turnover

Tag Archives: Turnover

Georgia’s Foreign Trade Turnover Up 17 Percent in 2018

In 2018 Georgia’s foreign trade turnover  (without undeclared trade) amounted to USD 12 484.4 million, which is 17.0 percent more  than in the previous year. Exports amounted to 3 362.1 million (+22.9%), imports – 9 122.3 million (+ 14.9%). The negative trade balance amounted to $ 5 760.2 million and made 46, 1% of the total …

Read More »

Business Sector’s Turnover Hits Record High

The business sector’s turnover in the third quarter of 2018 rose by 17.3% year on year and amounted to 21.8 billion GEL. According to Geostat, National Statistics Service of Georgia, the business sector’s output indicators also grew to 10.7 billion GEL, up 5.6% year on year. Ratio of the major …

Read More »

Turnover in Georgian Sea Ports Dropped

Turnover in Georgian sea ports has plummeted. According to G&T, Over 2012-2017 cargo handled in Batumi (-46.6%) and Kulevi (-37.1%) decreased substantially, while in Poti (-10.9%) and Supsa (-2.8%) the decrease was moderate. On the positive note, containerization rate has been on the rise over the past several years, with …

Read More »

70% of Business Turnover Comes on Tbilisi

The volume of business sector turnover increased by 19.7% in the third quarter of 2017, to 18,6 billion lari. The growth trend is characterized by the output of the business sector products. In the III quarter of 2017, its volume was determined by 10,1 billion GEL, which exceeds the indicator …

Read More »

Turkey, Georgia, Azerbaijan Plan to Increase Turnover to $20B

Turkey, Georgia, Azerbaijan Plan to Increase Turnover to $20B

Turkey, Georgia and Azerbaijan plan to increase the volume of mutual trade up to $20 billion, said Turkey’s Deputy Economy Minister Fatih Metin at the 5th Turkey-Azerbaijan-Georgia business forum in Istanbul Feb. 17. Metin said that a business forum in such a format is important not only for the development …

Read More »

Fright Turnover of Georgian Airports is Grown by 129%

Fright Turnover of Georgian Airports is Grown by 129%

129% more fright is transferred by Georgian Airports in 2016. As of the statistic data published by Civil Aviation Agency, 34, 65 thousand t cargos have been transferred by Tbilisi International Airport in 2016. However, this figure has been 14, 88 thousand t in 2015. Respectively, the increase has made …

Read More »

Rail Freight Turnover Declined by 17 Percent in Georgian Corridor

Rail Freight Turnover Declined by 17 Percent in Georgian Corridor

“Georgian Railway” has announced on transportation of 8, 92 mln t freight through 9 months. Fright turnover is diminished by 16, 9% y-o-y. According to the biggest shipping company, local fright of 1,548 mln t has been transported through January-September, while 708 555 t has been exporting cargo, 1, 96 …

Read More »

Passenger Turnover at Airports Rise by 103% Compared to 2012

“Our government’s correct policy,  as well as joint tireless efforts by private and state sectors have increased passenger turnover at airports”, Minister of Economy Dimitri Kumsishvili noted after presentation at Tbilisi International Airport. At the presentation, Ketevan Aleksidze, head of United Airports of Georgia, introduced a report on January to …

Read More »