External trade of Georgia down 2.7% in January-March 2020
The trade deficit of Georgia in January-March 2020 amounted to $1.23 billion which is 43.9 per cent of total trade turnover. Photo: Nino Alavidze/Agenda.ge.
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Georgia’s external trade turnover amounted to $2.77 billion in January-March 2020, which is a decrease of 2.7 per cent compared to the same period of last year, show preliminary data from the National Statistics Office of Georgia (Geostat).
The value of exports decreased 5.9 per cent and reached $778.2 million, while imports also decreased 1.4 per cent, amounting to $1.99 billion.
The trade deficit of Georgia in January-March 2020 amounted to $1.23 billion which is 43.9 per cent of total trade turnover.
Georgia's top trading partners
Turkey, Azerbaijan and Russia were Georgia's top trading partners in January-March 2020.
Trade turnover with Turkey reached $402.2 million, $306.2 million with Azerbaijan and $301.4 million with Russia.
Georgia’s top exported commodities in January-March 2020 were:
- Copper ores and concentrates - $159 million (20.4% of total exports)
- Motor cars - $127.9 million (16.4% of total exports)
- Ferroalloys - $58.2 million (7.5% of total exports)
Meanwhile, the top import commodities were:
- Motor cars - $173.8 million (8.7% of total imports)
- Petroleum and petroleum oils - $150.4 million (7.5% of total imports)
- Petroleum gases and other gaseous - $135.5 million (6.8% of total imports)
Turkey, Azerbaijan and Russia were Georgia's top trading partners in January-February 2020, show the preliminary data from the National Statistics Office of Georgia (Geostat).
Georgia’s external trade turnover amounted to $1.86 billion in January-February 2020, which is an increase of 6.1 per cent compared to the same period of last year, show preliminary data from the National Statistics Office of Georgia (Geostat).
Georgia’s external trade turnover amounted to $882.4 million in January 2020, which is an increase of 5.7 per cent compared to the same period of last year, show data from the National Statistics Office of Georgia (Geostat).
The production of wheat, barley, potatoes, stone fruits and citrus decreased in Georgia in 2019, while the production of maize, nuts and subtropical fruits increased in the country, show the preliminary data of 2019 published by the National Statistics Office of Georgia (Geostat).
Georgia's domestic exports (exports without re-exports) amounted to $778.2 million in January-March 2020, which is 5.9 per cent less compared to the same period of last year, show the preliminary data from the National Statistics Office of Georgia (Geostat).
Georgia’s external trade turnover amounted to $3.46 billion in January-April 2020, which is a decrease of 11.8 per cent compared to the same period of last year, show preliminary data from the National Statistics Office of Georgia (Geostat). The value of exports decreased 11.9 per cent and reached $778.2 million, while imports also decreased 11.8 per cent, amounting to $2.46 billion.
Georgia’s external trade turnover amounted to $5.072 billion in January-June 2020, which is a decrease of 16.3 per cent compared to the same period of last year, show preliminary data from the National Statistics Office of Georgia (Geostat).
Turkey, Russia and China were Georgia's top trading partners in January-June 2020, show the preliminary data from the National Statistics Office of Georgia (Geostat).
Georgia’s external trade turnover amounted to $6.030 billion in January-July 2020, which is a decrease of 17.6 per cent compared to the same period of last year, show preliminary data from the National Statistics Office of Georgia (Geostat).