Georgia’s foreign trade turnover January-March down 7%

(Interpressnews.)

TBILISI, DFWatch–Georgia’s foreign trade turnover in the first three months of 2016 was USD 2.136 million. This is 7 percent less than in the same period last year.

According to preliminary figures from Georgia’s National Statistics Department, GeoStat, export was USD 443 million – 13 percent less than in 2015 – while  import was USD 1,693 million – 6 percent less than last year.

The negative trade balance in the first three months of the year was USD 1,250 million, which is 59 percent of the turnover.

GeoStat provides numbers in the past four years for the same period and

The preliminary figures are the worst GeoStat has presented in the last four years. In 2015, preliminary figures showed trade turnover at 2,303.4 million, in 2014 it was 2,530.4 million, in 2013  2,184.2 million and in 2012  2,289.9 million.

Precise data will be published on April 19.