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Georgia’s Foreign Trade Up 16.8% in January-August 2023

On September 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 16.8% in January-August 2023 compared to the corresponding period of the previous year, reaching USD 14, 001.1 million.

According to Geostat, Georgia’s external merchandise trade saw exports rise by 14.3% to reach USD 4, 075.4 million, while imports increased by 17.8% and totaled USD 9, 925.7 million. The trade deficit amounted to USD 5, 850.2 million, representing 41.8% of the overall trade turnover.

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

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