Georgia successfully trades: exports increased by 11.4%
Exports of Georgian products grew due to the expansion of the geography of sales markets - the free trade agreement of Georgia with the EU, Turkey and China.
Georgia successfully trades - foreign trade turnover since the beginning of 2019 increased by 1.4% compared to the same period in 2018 and amounted to more than $ 11.5 billion (excluding unorganized trade), according to the materials of the National statistics service of the country "Sakstat".
Exports of Georgian products from January to November 2019 amounted to about 3.4 billion dollars - 11.4% more than last year.
At the same time, imports decreased by 2.3% and amounted to more than $ 8.1 billion.
The Ministry of economy and sustainable development explains the growth of exports by several factors, including the expansion of the geography of sales markets.
In particular, the government of Georgia is actively working on further growth and diversification of exports. The new free trade agreements contribute to the expansion of markets for Georgian products, diversification of export products and create the possibility of additional growth for export potential.
Sales market
Georgia successfully trades with its neighbors-from year to year the leaders are Turkey, Russia and Azerbaijan, as well as the EU and CIS countries. Data on exports and imports with these countries for ten months "Sakstat" has not yet distributed.
Successfully developing trade relations with the countries of the European Union. Recently, Georgia has signed free trade agreements with the EU, the European free trade Association EFTA countries, Turkey, Hong Kong and China.
The possibility of signing such agreements with Japan and the United States is being actively discussed.
Negotiations may soon begin with India.
sputnik-georgia.ru
Tags:
Georgia successfully trades: exports increased by 11.4%
Exports of Georgian products grew due to the expansion of the geography of sales markets - the free trade agreement of Georgia with the EU, Turkey and China.
Georgia successfully trades - foreign trade turnover since the beginning of 2019 increased by 1.4% compared to the same period in 2018 and amounted to more than $ 11.5 billion (excluding unorganized trade), according to the materials of the National statistics service of the country "Sakstat".
Exports of Georgian products from January to November 2019 amounted to about 3.4 billion dollars - 11.4% more than last year.
At the same time, imports decreased by 2.3% and amounted to more than $ 8.1 billion.
The Ministry of economy and sustainable development explains the growth of exports by several factors, including the expansion of the geography of sales markets.
In particular, the government of Georgia is actively working on further growth and diversification of exports. The new free trade agreements contribute to the expansion of markets for Georgian products, diversification of export products and create the possibility of additional growth for export potential.
Sales market
Georgia successfully trades with its neighbors-from year to year the leaders are Turkey, Russia and Azerbaijan, as well as the EU and CIS countries. Data on exports and imports with these countries for ten months "Sakstat" has not yet distributed.
Successfully developing trade relations with the countries of the European Union. Recently, Georgia has signed free trade agreements with the EU, the European free trade Association EFTA countries, Turkey, Hong Kong and China.
The possibility of signing such agreements with Japan and the United States is being actively discussed.
Negotiations may soon begin with India.
sputnik-georgia.ru
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