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Georgia’s Foreign Trade Up 16.6% in January-September 2023

On October 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 16.6% in January-September 2023 compared to the corresponding period of the previous year, reaching USD 15, 919.5 million.

According to Geostat, Georgia’s external merchandise trade saw exports rise by 12.7% to reach USD 4, 607.2 million, while imports increased by 18.3% and totaled USD 11, 312.3 million. The trade deficit amounted to USD 6, 705.1 million, representing 42.1% of the overall trade turnover.

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

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