Import in Georgia Increases by 30%

Georgia's External Merchandise Trade (excluding non-organized trade) in January-June 2016 amounted to more than USD 5.7 billion (13.3 billion GEL), which is 20 percent more than in the same period last year. Export for the first six months amounted to USD 948 million (2219 million GEL), while import was USD 4.8 billion (11.2 billion GEL), reported the National Statistics Office of Georgia (Geostat).

According to the Geostat data, export decreased by 12 percent, compared with January-June 2015. The main exported products were ferroalloys, cars, breakage of ferrous metal, processed or semi-processed gold, nuts and others.

However, import in the first six months of this year increased by 30 percent and the top imported products were oil and oil products, cars and petroleum, gases and gaseous hydrocarbons, grain, power transformers and medicines.

The trade deficit equaled USD 3.8 billion (8,8 billion GEL) and its share in trade turnover constituted 67 percent.

Eka Karsaulidze