Georgia’s foreign trade turnover in the first seven months of 2021 was USD 7.5 billion – an increase of 21.8% compared to the same period last year, according to express data released by the National Statistics Office (Geostat) on August 13.
Exports increased by 27.8% year-on-year reaching USD 2.3 billion, while imports increased by 19.3%, to USD 5.2 billion. Meanwhile, the trade deficit stood at USD 2.9 billion, constituting 39.2% of the trade turnover in January-July 2021.
- Annual Inflation in July Hits 10-year High at 11.9%
- Georgia’s GDP Growth 18.7% in June
- Georgia’s Foreign Trade Up 20.7 % in January-June