Georgia’s trade deficit was $1.523 billion in the first quarter of this year, compared with $1.132 billion a year earlier, the National Statistics Office said.

The country’s trade turnover totalled $3.867 billion, 38 percent more than in the first three months of the last year.

Exports equalled $1.172 billion, 43.3 percent up from January-March 2021, while imports stood at $2.695 billion, 35.8 percent more than a year earlier.

In 2021, the trade deficit was $5.835 billion, compared with $818.6 million a year earlier. The country’s trade turnover totalled $14.319, 25.6 percent more than in 2020. Exports rose by 26.9 percent year-on-year to $4.242 billion, while imports stood at $10.077 billion, 25.1 percent more than a year earlier.