Jan-July 2020: Georgian domestic exports down 16.8%

Georgia exported locally produced goods worth $1.75 billion in January-July 2020, which is 16.8 per cent lower year-on-year, announces the National Statistics Office of Georgia (Geostat). 

• What were Georgia’s main exports and imports in Jan-July 2020?

The share of domestic exports (export of locally produced goods and services, including those of foreign origin that have been substantially changed through local processing) in total exports constituted 61.6 per cent and amounted to $1.083 billion, two percent lower to the January-July 2019. 

In the reporting period the share of the top 10 trading partners by domestic exports in the total domestic exports of Georgia amounted to 80.5 per cent. 

The top partners were:

1. Russia ($206.9 million)
2. Bulgaria ($142.8 million) and 
3. China ($118.3 million)

In January-July 2020 copper ores and concentrates reclaimed the first place in the list of top export items, equalling $203.6 million, or 18.8 per cent of total exports. 

The exports of ferro-alloys totalled $129.6 million and their share in the total exports amounted to 12 per cent. The wine of fresh grapes exports occupied the third place standing at $106.8 million and constituting 9.9 per cent of the total exports.