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Georgia's external trade turnover drops in Jan - May

Georgia's external trade turnover drops in Jan - May
Georgia's external trade turnover drops in Jan - May

Following the reports of the National Statistics Office of Georgia, the external trade turnover (without undeclared trade) equaled 4 205.8 mln USD in January – May 2020.

The rate is 16.8% less than the indicator of Jan – May 2019.

Exports equal 1 235.7 mln GEL (16.2% less), while imports total 2 970.1 mln USD (17.0% less).

Georgia's negative trade balance reached 1 734.4 mln USD in January – May 2020, equalling 41.2% of the external trade turnover.

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