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Georgia's external trade turnover drops

Georgia's external trade turnover drops
Georgia's external trade turnover drops

As the National Statistics Office of Georgia reports, in January-August 2020, Georgia's foreign trade turnover (excluding undeclared trade) equaled 7,022.8 million USD, 16.7% less than in the same period 2019.

2 071.4 million USD (14.7% less) accounted for exports, while 4 951.4 million USD (17.5% less) accounted for imports.

In January-August 2020, Georgia's negative trade balance amounted to 2,880.0 million USD.

It is 41.0% of the total foreign trade turnover.

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