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Trade turnover between Georgia, Russia up 5.3% in January-October year-on-year

Turkey was Georgia’s biggest trade partner in January-October 2023, with mutual trade turnover surpassing $2.4 bln

TBILISI, November 20. /TASS/. Trade turnover between Georgia and Russia exceeded $2 bln in January-October 2023, up by 5.3% year-on-year, according to data released by the National Statistics Service of Georgia.

With Russia being Georgia’s second-biggest trade partner, its share in the republic’s total external trade volume equaled 11.5% in the reporting period. Georgian exports to Russia amounted to around $560 mln in the period (up by 7.3% in annual terms), while imports exceeded $1.4 bln (by 4.6%).

Turkey was Georgia’s biggest trade partner in January-October 2023, with mutual trade turnover surpassing $2.4 bln, up by 7.1% year-on-year, while the US came in third with mutual trade turnover exceeding $1.6 bln, up by 59% year-on-year.

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Georgia Trade & Cooperation

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