Foreign Trade Up by 25.6% in 2021
Georgia’s foreign trade turnover increased by 25.6% year-over-year in 2021, equaling USD 14.3 billion, according to express data released by the National Statistics Office (Geostat) on January 14.
Exports from Georgia increased by 26.9% annually to USD 4.2 billion, while imports rose by 25.1% to USD 10.1 billion. Meanwhile, the trade deficit was USD 5.8 billion, 40.7% of total turnover.
Georgia’s trade turnover had decreased by 14.8% in 2020 compared to 2019.
Also Read:
- Annual Inflation Hits 13.9% in December
- Georgia’s GDP Growth 12% in November
- Q3’21 FDI USD 299 Mln, Up by 1.4%
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