Georgian external trade down 12% in February 2021

The value of exports decreased 6.8% and totalled $494.7 million, while imports also decreased 14.1%, amounting to $1.15 billion. Photo: Nino Alavidze/Agenda.ge.

Agenda.ge, 15 Mar 2021 - 14:01, Tbilisi,Georgia

Georgia’s external trade turnover amounted to $1.65 billion in January-February 2021, which is 12% lower compared to the same period of the last year, show preliminary data from the National Statistics Office of Georgia (Geostat).

External trade tendencies of Georgia in January-February 2016-2021. Image: Geostat.

The value of exports decreased 6.8% and totalled $494.7 million, while imports also decreased 14.1%, amounting to $1.15 billion.

The trade deficit of Georgia in January 2021 amounted to $664.6 million which is 40.2% of total trade turnover.