Georgian external trade turnover posted a 20.1% increase y-o-y
Georgian external trade turnover amounted to USD 10.26 billion in January-June 2023, posting a 20.1% increase year-on-year, the Georgian National Statistics Office revealed on Thursday.
The value of exports rose by 19.2% and equalled USD 3.05 billion, while imports also grew by 20.4%, amounting to USD 7.21 billion in the first six months of 2023.
Trade deficit, a measure of the negative balance of trade in which imports exceed exports, reached USD 4.16 billion, and the share of trade turnover hit 40.6%.