According to "Geostat" data, the foreign trade turnover with goods in Georgia in January is 14.8 percent less compared to the corresponding period of the previous year

In January 2024, the foreign trade turnover of goods in Georgia (without undeclared trade) amounted to 1,341.3 million US dollars, which is 14.8 percent less compared to the corresponding period of the previous year.

According to "Geostat", the export of this amount is 338.6 mln. amounts to US dollars (decreased by 26.2 percent), while imports amounted to 1,002.7 million. USD (decreased by 10.1 percent). The negative trade balance of Georgia in January 2024 was 664.1 mln. USD amounted to 49.5 percent of foreign trade turnover.

"In January 2024, the share of the ten largest export partner countries in the total export of Georgia amounted to 80.8 percent. The top three exporters were formed as follows: Kyrgyzstan (46.2 million US dollars), Russia (41.6 million US dollars) and Azerbaijan (40.9 million US dollars).

In January 2024, the share of the ten largest import partner countries in the total import of Georgia amounted to 70.0 percent. The top three include: Turkey (203.1 million US dollars), Russia (148.4 million US dollars) and China (76.4 million US dollars).

In January 2024, the share of the ten largest trade partner countries in the total foreign trade turnover of Georgia amounted to 67.8 percent. The largest trade partners of the country are: Turkey (232.6 million US dollars), Russia (190.0 million US dollars) and China (96.4 million US dollars).

In January 2024, among the commodity groups, the first place in the ten export categories was occupied by light vehicles, 112.0 million. in US dollars, which is 33.1 percent of all exports. The second place is occupied by ferroalloys with 19.4 million. in US dollars (5.7 percent of the total export), and the third place is natural grape wines worth 18.0 million. in US dollars (5.3 percent).

The largest import commodity group in January 2024 was presented in the form of light vehicles, the import of which amounted to 101.4 million. USD and amounted to 10.1 percent of all imports. Oil and oil products took the second place with 80.4 million. in US dollars (8.0 percent of imports), while oil gases and other gaseous hydrocarbons are in the third place, 66.8 million. in US dollars (6.7 percent of imports)", the information states.