Georgia: external trade up in January-August 2021

Turkey ($1.28 billion), Russia ($1.01 billion) and China ($941.3 million) were Georgia’s top trading partners in total external trade turnover in January-August, preliminary data from the National Statistics Office of Georgia showed. In the reporting period Georgia’s top trading partners by exports were China ($421.8 million), Russia ($377.1 million) and Azerbaijan ($347 million), while top…

Estonia: producer price index up in August 2021

The producer price index of industrial output in August increased by 1.7% MoM and by 15.5% YoY, the state agency Statistics Estonia reported. Statistics Estonia leading analyst Eveli Sokman said that the index was affected by price increases in the manufacture of wood and wood products, in electricity production and in the manufacture of metal…

Ukraine: foreign direct investment up in H1 2021

In the first half of the current year, foreign direct investment in Ukraine increased by $2.7 billion compared to the same period last year, according to Prime Minister of Ukraine Denys Shmyhal. “According to the law on “investment nannies”, UkraineInvest has already received applications worth almost $2 billion. Agricultural processing – nine projects worth $534…

Lithuania: businesses report supply disruptions amid Vilnius-Beijing tensions

Some Lithuanian companies working with China say that their Chinese partners are not renewing or concluding new contracts amid worsening relations between Vilnius and Beijing, the Lithuanian Foreign Ministry has said. A survey of Lithuanian companies has shown that high-tech, agricultural and food processing, timber, textile and logistics companies have ties with China, according to…

Kyrgyzstan: profit of enterprises down in 2020

Profit of enterprises of the republic decreased 2.3-fold YoY in 2020, the National Statistical Committee of Kyrgyzstan reported. Activities of enterprises in the past year were characterized by an increase in the number of operating companies, positive growth rates of gross income, a positive balanced financial result (profit) at the end of the year and…