Georgia’s foreign trade turnover in the first five months of 2021 was USD 5 billion – an increase of 18.2% compared to the same period last year, according to express data released by the National Statistics Office (Geostat) on June 14.
Exports increased by 24.4% year-on-year reaching USD 1.5 billion, while imports increased by 15.7%, to USD 3.5 billion. Meanwhile, the trade deficit stood at USD 1.9 billion, constituting 38.7% of the trade turnover in January-May 2021.
Also Read:
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- Geostat: Georgia’s GDP Growth 44.8% in April
- GEL Appreciates Against USD
- Georgia’s Foreign Trade in January-April 2021
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