In January-July 2024, the foreign trade turnover in Georgia amounted to 12,566.8 million US dollars, which is 1.6 percent more compared to the corresponding period of the previous year

According to the National Statistics Service, in January-July 2024, foreign trade turnover with goods in Georgia (without undeclared trade) was 12,566.8 million. USD, which is 1.6 percent more compared to the corresponding period of the previous year.

According to the explanation of "Geostat", out of this export 3 532.2 mln. amounts to US dollars (decreased by 1.3 percent), while imports amounted to 9,034.6 million. USD (increased by 2.9 percent).

According to the information of the National Statistics Service, the negative trade balance of Georgia in January-July 2024 amounted to 5,502.4 million. USD amounted to 43.8 percent of foreign trade turnover.

"In January-July 2024, the share of the ten largest export partner countries in the total export of Georgia amounted to 81.3 percent. The top three exporters were formed as follows: Kyrgyzstan (US$ 587.5 million), Kazakhstan (US$ 446.5 million) and Russia (US$ 407.2 million).

In January-July 2024, the share of the ten largest trade partner countries in the total foreign trade turnover of Georgia amounted to 68.2 percent. The largest trade partners of the country are: Turkey (US$ 1,809.5 million), Russia (US$ 1,427.8 million) and the USA (US$ 1,078.4 million).

In January-July 2024, among the commodity groups, the first place in the ten export categories was occupied by light vehicles, 1 192.7 million. in US dollars, which is 33.8 percent of all exports. The second place is occupied by ferroalloys with 201.4 million. in US dollars (5.7 percent of the total export), while natural grape wines are in the third place, worth 174.4 million. in US dollars (4.9 percent).

The largest import commodity group in January-July 2024 was presented in the form of light vehicles, the import of which amounted to 1,608.0 million. USD and amounted to 17.8 percent of all imports. Oil and oil products took the second place with 769.7 million. in US dollars (8.5 percent of imports), and the third place is medical products with 370.1 mln. in US dollars (4.1 percent of imports)", - it is noted in the information.