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Georgia's exports drop by 16%

Georgia's exports drop by 16%
Georgia's exports drop by 16%

As the National Statistics Office of Georgia reports, in January-June 2020, the products exported from Georgia (excluding undeclared ones) equaled 1,503.4 million USD, which is 16.0% less than in the same period 2019.

Exports without re-exports (local exports) totaled 71.7% of total exports.

This rate decreased by 3.0% and equaled 1,078.1 million USD.

In January-June 2020, the share of the ten largest countries to which Georgia exports its products amounted to 80.5%.

The top three of these countries included:

China - 197.9 million USD

Russia - 167.3 million USD

Bulgaria - 161.6 million USD

In January-June 2020, of the commodity groups in the top ten local exports, copper ores and concentrates ranked first - 332.4 million USD.

The share of this product group is 30.8%.

Ferroalloys, with 117.1 million USD (10.9% of total local exports), ranked second.

Natural grape wines, with 91.0 million USD (8.4% of total local exports), ranked third. 

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