TBILISI, July 24 (RIA Novosti) - Georgia's foreign trade totaled $2.8 billion in January-June 2007, up 37.1% year-on-year, the Novosti-Georgia news agency said Tuesday, referring to the country's statistics service.
Georgia's exports and imports amounted to $548.6 million and $2.2 billion, respectively, in the first half of 2007, up 20.1% and 42% against the same period last year.
In the first six months of the year, the country's trade with the Commonwealth of Independent States (CIS) hit $1 billion, up 24.1% year-on-year. The CIS accounts for 37.1% of Georgia's foreign trade, while the index was 41% in the first half of 2006.
Georgia mostly imports natural gas, oil products, machinery and components, and transport equipment.
In 2006, Georgia's GDP grew 8.8%, making Georgia one of the fastest growing economies in Eastern Europe. The World Bank dubbed Georgia "the number one economic reformer in the world."
