BUSINESS
Foreign trade turnover in Georgia increased by 13.8 percent
17 January, 2018
According to preliminary data, foreign trade turnover in Georgia in 2017 increased by 13.8%, comparing to the corresponding period of 2016.

In particular, according to the National Statistics Office of Georgia, last year foreign trade turnover (without undeclared trade) amounted to $ 10,707 billion.

Exports amounted to 2,728 billion dollars (29.1 percent more), while imports amounted to 7,979 billion US dollars (9.4 percent more).

In addition, according to Geostat, the negative trade balance was $ 5,251 billion in 2017 which
is 49.0% of foreign trade turnover.

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