Foreign trade turnover increases

In the first quarter of 2014, Georgia’s foreign trade turnover increased by 19%. Georgia’s biggest trade partner remains Turkey ($368 million) in the first three months of 2014, followed by Azerbaijan ($319 million) and Russia running third ($190 million).

Russia’s increased business partnership with Georgia is largely explained by the increased export of wines, spirits and mineral waters to Russia.

Ukraine is in fourth place ($169 million), China ($165 million), Armenia ($122 million), followed by Germany, the US, Bulgaria, and Japan.

Fuel and oil products remain the biggest import items for Georgia.