Minister of Economy: Georgia's economy is gradually returning to positive development

Georgia's economy is gradually returning to positive development. The foreign trade statistics of September have been published and it is very good that our exports increased by 8.6 per cent in September. At the same time, imports have decreased and this means that the foreign trade balance has improved, - said the Minister of Economy and Sustainable Development, Natia Turnava.

According to the Minister, a special contribution to the growth of exports is made by agricultural and textile products.

“According to Geostat, exports increased in September to 332 million GEL. At the same time, the trade deficit improved by $ 98.5 million. As for the period of January-September 2020, the trade deficit decreased by $ 752.6 million to $ 3,314.1 million.

It is noteworthy that in 2019, exports reached a record high of 3,798.4 million, meaning that it increased by 12.4 percent compared to the previous year," reads the information released by the Ministry of Economy.