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Georgia’s Foreign Trade Down 2.7% in January-April 2024

On May 13, the National Statistics Service of Georgia (Geostat) published express data indicating that the external merchandise trade (excluding non-declared trade) of Georgia decreased by 2.7% in January-April 2024 compared to the corresponding period of the previous year, amounting USD 6,563.7 million.

Source: Geostat

According to Geostat, Georgia’s external merchandise trade saw exports decreased by 10.1% to reach USD 1,763.8 million, while imports increased by 0.3% and totalled USD 4,799.8 million. The trade deficit amounted to USD 3,036 million, representing 46.3% of the overall trade turnover.

Geostat will publish the detailed data on external merchandise trade of Georgia on May 20, 2024.

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