Jan-Aug 2020: Georgian domestic exports down 14.7%

Georgia exported locally produced goods worth $2.07 billion in January-August 2020, which is 14.7 per cent lower year-on-year, announces the National Statistics Office of Georgia (Geostat). 

• Turkey, Russia, China - Georgia's top trading partners in Jan-Aug 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 51 per cent and amounted to $1.05 billion, 2.7 percent lower to the January-August 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 72.7 per cent. 

The top partners were:

• Russia ($240.8 million)
• Turkey ($118.6 million)
• Bulgaria ($77.4 million)

In January-August 2020 ferroalloys reclaimed the first place in the list of top export items, equalling $144.9 million, or 13.7 per cent of total exports. 

The exports of wine of fresh grapes totalled $121.5 million and their share in the total exports amounted to 11.5 per cent. The exports of precious metal ores and concentrates occupied the third place standing at $75.2 million and constituting 7.1 per cent of the total exports, said Geostat.