Georgia: economy up in December 2019

Georgian gross domestic product (GDP) grew by 3.8% YoY in December 2019, showed the latest data from the National Statistics Office of Georgia (Geostat). In December 2019 the estimated real growth compared to the same period of the previous year occurred in the following sectors: manufacturing, transport and storage, wholesale and retail trade; repair of…

Georgia: direct flights with China suspended

Georgia temporarily suspends direct flights with China to prevent the spread of coronavirus in Georgia, the Georgian Civil Aviation Agency (GCAA) reports. The suspension of flights will be in place until March 29. Chinese aviation authorities and the airline company China Southern have already been notified about the flight suspension. Chinese airline company China Southern…

Georgia: exports to EU up in 2019

Exports from Georgia to the EU increased by 13% YoY in 2019, and reached $825.7 million, while imports decreased by 7.4%, to $2.32 billion, showed preliminary data from the National Statistics Office of Georgia. Georgia’s top trading partners were Turkey ($1.82 billion), Russia ($1.47 billion) and China ($1.09 billion) in 2019. In 2019 the share…