Geostat: Merchandise Trade Up 5.5% Yo-Y Jan-Oct 2020”  

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By AI

**Georgia’s Trade Reaches $19 Billion**

From January to October 2024, Georgia’s trade with other countries reached a total of $19.022 billion. This is an increase of 5.5% compared to the same period last year.

The country exported goods worth $5.468 billion, which is a 7.4% rise from the previous year. Imports also increased by 4.8%, reaching $13.554 billion.

**Trade Deficit**

Georgia’s trade deficit stood at $8.085 billion. This means that the value of goods imported into the country was higher than the value of goods exported. The trade deficit accounts for 42.5% of Georgia’s total trade turnover.

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