Georgia: external trade up in 2022

Georgian external trade turnover amounted to $19.04 billion in 2022, up by 32.8% YoY, the Georgian National Statistics Office revealed. The value of exports rose by 31.8% and equaled $5.59 billion, while imports grew by 33.2%, amounting to $13.45 billion in 2022. Trade deficit reached $7.85 billion, and the share of trade turnover hit 41.3%.…

Georgia: Tbilisi and Batumi International Airports successfully pass ACI Airport Health Accreditation recertification

Tbilisi International Airport successfully passed the Airports Council International – Airport Health Accreditation recertification process and received the certificate for the third time, with Batumi International Airport also receiving the accreditation and the certificate for the second time in a row, TAV Georgia, the company operating two major airports in the country, said. As certified…

Georgia: 5.2% inflation forecast in 2023

Galt & Taggart, a Georgia-based investment banking and investment management services, has forecast a 5.2% average annual inflation in Georgia this year. In the estimation, published in its Weekly Market Watch on January 9, the company also said the figure was expected to decrease to 3% until the end of the year. “Along with decelerating…