January-February 2019: Georgia’s external trade with EU up 6.3%, with CIS up 2.8%

Georgia is increasing its role as an important trade partner for the European Union (EU), the Commonwealth of Independent States (CIS) and other countries.

In January-February 2019, trade turnover with EU countries increased by 6.3% (amounted to $422.4 million) and with CIS countries by 2.8% year-on-year (y/y) (amounted to $627.7 million), show the latest data spublished by the National Statistics Office of Georgia (Geostat).

In the reporting period export from Georgia to the EU countries amounted to $118.2 million (10.7% lower compared to January-February 2018), while imports amounted to $304.2 million (4.5% lower). 

In January-February 2019 export to the CIS countries stood at $254.8 million (45.7% higher compared to January-February 2018), while imports equaled $372.9 million (14.4 percent lower). 

Source: http://agenda.ge/en/news/2019/751