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Exports drop by 27.9% in April

Exports drop by 27.9% in April
Exports drop by 27.9% in April

Following the data, published by the National Statistics Office today, exports decreased by 27.9% in April in Georgia.

The export rate equaled 223.2 million USD last month.

The rate lags behind the 2019 indicator by $86.4 mln (27.9%).

The import rate has sharply decreased as it included $458 mln last month, lagging behind the 2019 indicator with $286.8 mln.

The external trade turnover totaled $3.46 bln in Jan – Apr 2020.

The rate is less than the 2019 indicator, with 11.8%.

Exports included one billion USD, while the imports totaled $2.46 bln.

The negative trade balance reached $1.46 bln in Jan – April 2020.

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