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In January-May 2023, Foreign Trade Up by 18.9%

On June 13, the National Statistics Service of Georgia (Geostat) published express data indicating that the external merchandise trade (excluding non-declared trade) of Georgia increased by 18.9% in January-May 2023 compared to the corresponding period of the previous year, reaching USD 8,360.0 million.

According to Geostat, Georgia’s external merchandise trade saw exports rise by 18.5% to reach USD 2,500.3 million, while imports increased by 19.1% and totaled USD 5,859.7 million. The trade deficit amounted to USD 3,359.4 million, representing 40.2% of the overall trade turnover.

Geostat will publish the detailed data on external merchandise trade of Georgia on June 19, 2023.

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