The Georgian economy improved

Louisa Qadri / Tbilisi - Georgia

These days, the Georgian economy is witnessing a slight increase in the volume of foreign exports, as Georgian Economy Minister Natya Tornava said that the Georgian economy is gradually returning to the positive development path, citing recent statistics of Georgia's foreign trade, which show that in September 2020 Georgia's exports increased by 8.6 percent compared to the month Same last year, meanwhile, imports decreased, which means that the foreign trade balance has improved

According to preliminary data issued by the Office of National Statistics in Georgia, the volume of Georgia's foreign trade reached 8.12 billion dollars in the period from January to September 2020, which is a decrease of 14.9 percent compared to the same period last year, and the value of exports decreased by 12.1 percent. To reach $ 2.40 billion, while imports also fell by 15.9 percent to $ 5.71 billion.

Georgia's foreign trade decreased by 14.9% in the period from January to September 2020, and exports last year recorded a record of 3.79 billion dollars, an increase of 12.4 percent compared to 2018.