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Exports continue decreasing

Exports continue decreasing
Exports continue decreasing

Georgia's National Statistics Office reports that in January-July 2020, the volume of exports of goods from Georgia (excluding undeclared exports) equaled USD 1,758.5 million, which is 16.8% less than in the same period last year.

Exports excluding re-exports (local exports) equaled 61.6% of total exports.

The indicator decreased by 2% compared to the same period last year and equaled 1,083.4 million USD.

Besides, following the data of seven months of 2020, the share of the ten most significant countries in Georgia's total domestic exports equaled 77.7%.

The most significant export partners are Russia - $206.9 million, Bulgaria - $142.8 million, and China - $118.3 million.

Copper ores and concentrates (USD 203.6 million) rank first among the top ten local exported goods. The share of this product group is 18.8% of the total volume of domestic exports.

Ferroalloys rank second with $129.6 million, followed by natural grape wines with $106.8 million.

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