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Statistical Analysis of Long-Term Trends of Trade Relations between Georgia and Canada

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  • Simon Gelashvili

Abstract

The article analyzes the long-term time series of 1995-2016 depicting trade relations between Georgia and Canada. Georgia's trade partner countries are ranked as a whole trade turnover, as well as export and import volume of goods and the ordinary position of Canada is established. The nature and direction of total trade turnover, as well as export and import tendencies are revealed. In the process of statistical analysis, the absolute and relative indicators were calculated. The export and import volume of 1995-2016 is also considered by the commodity groups and the first five of the largest commodity groups are drawn in both directions. The statistics show that the trade relations between Canada and Georgia and its development are important for both countries.

Suggested Citation

  • Simon Gelashvili, 2019. "Statistical Analysis of Long-Term Trends of Trade Relations between Georgia and Canada," International Business Research, Canadian Center of Science and Education, vol. 12(2), pages 174-180, February.
    • Handle: RePEc:ibn:ibrjnl:v:12:y:2019:i:2:p:174-180
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    References listed on IDEAS

    as
    1. Giorgi MIKELADZE & Simon GELASHVILI, 2016. "Gradualistic strategy of transition to market economy," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(609), W), pages 237-242, Winter.
    2. Giorgi MIKELADZE & Simon GELASHVILI, 2016. "Gradualistic strategy of transition to market economy," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(609), W), pages 237-242, Winter.
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      More about this item

      Keywords

      trade turnover; export; import; growth rate; diversification;
      All these keywords.

      JEL classification:

      • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
      • F31 - International Economics - - International Finance - - - Foreign Exchange
      • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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