Exports in Georgia

Georgia Exports | Economic News & Forecasts

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  

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Georgia Facts

ValueChangeDate
Exchange Rate2.850.0 %Jul 11
Stock Market0.10.55 %Jul 11

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