Georgian external trade down 15% (January – October 2020)

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The FINANCIAL — National Statistics Office of Georgia published express release of the External Merchandise Trade of Georgia in January-October 2020. 

External Merchandise Trade (excluding non-declared trade) of Georgia amounted to USD 9 159.5 million in January-October 2020, 15.0 percent lower year-on-year.

The value of export deacreased by 11.1 percent reaching USD 2 715.3 million, while the import deacreased by 16.6 percent and amounted to USD 6 444.2 million.

The trade deficit equaled USD 3 728.9 million and its share in trade turnover constituted 40.7 percent.

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