Exports in Georgia
Georgia - Exports
Momentum appears to have largely carried over into the second quarter, on the heels of the external-sector fueled expansion at the outset of the year. Economic activity growth was above Q1’s average in April, thanks to soaring merchandise exports. On a less positive note, soft momentum in the domestic economy likely persisted in Q2. Inflation jumped in April–May which, coupled with a weaker lari and the unemployment rate rising for a fourth consecutive quarter in Q1, likely weighed on consumer demand. In other news, relations between Moscow and Tbilisi soured in June, after anti-Russian protests erupted in the Georgian capital. The Kremlin’s retaliatory action against commercial flights and wine exports is likely to hurt Georgia’s external sector going into the third quarter.Georgia - Exports Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Exports (USD billion) | 4.2 | 4.0 | 3.0 | 2.9 | 3.6 |
Georgia Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 2.85 | 0.0 % | Jul 11 |
| Stock Market | 0.1 | 0.55 % | Jul 11 |
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