Positive moves in Georgian foreign trade turnover
Wednesday, November 27
In the first 10 months of 2013 foreign trade turnover in Georgia reached $8.591 billion. This is just 1% more than in the same period last year. More significant is the fact that Georgia’s exports has increased. The increase of exports from Georgia is not due to increased production but rather from the re-export of automobiles. Exports have also increased since Russia lifted its embargo against Georgian agricultural products (mainly wine and mineral water) earlier this year. In 2005 Georgian exports to Russia were worth $154 million. By 2009 this figure had decreased to $21 million.
(The Messenger)