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    Georgia boosts foreign trade by 18%

    by | May 16, 2012

    TBILISI, DFWatch – Georgia’s foreign trade turnover in the first four months of 2012 grew 18 percent compared to the same period in 2011.

    Georgian National Statistics Department, GeoStat, reported on Wednesday that preliminary figures for January-April 2012 show that Georgia’s foreign trade turnover of goods, except for unorganized trade, totaled USD 3 124 million.

    Export increased 11 percent, to USD 726 million, while import grew 20 percent to USD 2 397.

    The negative trade balance in January-April 2012 is USD 1 671 million, which corresponds to 53 percent of the foreign trade turnover, according to preliminary estimates. The exact numbers will be published on May 24.



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