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TBILISI: Georgia's Foreign Trade Balance

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  • TBILISI: Georgia's Foreign Trade Balance

    GEORGIA'S FOREIGN TRADE BALANCE

    The Messenger
    Nov 30 2011
    Georgia

    Out of the ten biggest trade partners, Georgia has a positive trade
    balance only with Armenia. Georgia's exports to Armenia products worth
    USD 186 mln whereas it imports from Armenia products worth around
    USD 48 mln. In terms of the trade balance, after Armenia is Turkey,
    then Azerbaijan, followed by Ukraine. All together in 2011, foreign
    trade turnover for Georgia reached USD 7.322 bln. It is interesting
    that trade turnover in Georgia with CIS countries (2.393 bln USD)
    is higher than with EU countries (USD 1.933 bln).

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