Georgia’s foreign trade turnover in the first month of 2021 decreased by 16.3% compared to the same period last year, amounting to USD 763.9 million, according to express data released by the National Statistics Office (Geostat) on February 15.
Exports decreased by 16.2% year-on-year to USD 224.4 million, while imports were down by 16.4%, reaching USD 539.4 million. Meanwhile, the trade deficit equaled USD 315 million, constituting 41.2% of the trade turnover during January 2021.
Also Read:
- Geostat: Annual Inflation 2.8% in January
- Georgia’s Foreign Trade in 2020
- Georgia’s Foreign Trade in 2019
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