Geostat published its report on foreign trade operations in Georgia in
January-October this year, according to which Georgia's turnover with
CIS countries amounted to $2.680 billion. This is 12% more than last
year and is 31% of the total foreign turnover of Georgia, including
52% of exports and 25% of imports. In 2011, these percentages were
respectively 32%, 48% and 28%.
In absolute terms, exports of Georgia to CIS countries amounted
to $1.023 billion , imports to $1.657 billion.
Geostat also noted that the CIS countries accounted for 14% of the
trade deficit of the country (in January-October last year - 18%). A
negative balance of trade with the CIS countries decreased by 12%.
The Commonwealth of Independent States (CIS) includes the
former Soviet republics except for Latvia, Lithuania and Estonia.
Georgia was a member of the CIS until August 2009.
