TBILISI, DFWatch–Georgia’s foreign trade turnover in the first eight months of 2016 was 16 percent more than in the same period last year, new figures from Georgia’s National Statistics Office show.

The figures, presented in the latest preliminary monthly report by GeoStat, show that the turnover in January-August was USD 7,426 million.

Export was USD 1,312 million, which 10 percent less than previous year, while import was USD 6,114 million – 23 percent more.

Negative trade balance was USD 4,802 million; 65 percent of the trade turnover.