BAKU, Azerbaijan, Nov. 19
By Tamilla Mammadova – Trend:
The external merchandise trade (excluding non-declared trade) of Georgia amounted to $9.15 billion from January through October 2020, 15 percent lower than the same period of 2019, Trend reports citing National Statistics Office of Georgia (Geostat).
The exports equaled $2.71 billion (11.1 percent lower), while the imports stood at $6.44 billion (16.6 percent lower). The negative trade balance was $3.72 billion from January through October 2020 and its share in external trade turnover constituted 40.7 percent.
From January through October 2020 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 76.5 percent. The top partners were China ($418.9 million), Azerbaijan ($364.6 million), and Russia ($351.2 million).
In the reporting period, the share of the top ten trading partners by imports in the total imports of Georgia amounted to 70 percent. The top partners were Turkey ($1.13 billion), Russia ($709.9 million), and China ($72.9 million).
From January through October 2020 the share of the top ten trading partners in the total external trade turnover of Georgia amounted to 70.6 percent. The top trading partners were Turkey ($1.28 billion), Russia ($1.06 billion), and China ($991.8 million).
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