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19.Oct .2020 16:00

Exports of 6 of the 10 Largest Export Goods in Georgia Have Decreased

Exports of 6 of the 10 Largest Export Goods in Georgia Have Decreased
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In January-September 2020, Georgia's exports decreased by 12.1% to $ 2.4 billion. According to a Geostat report, exports of 6 of the country's 10 largest exports decreased. The sharpest decline is observed in exports of automobiles (-37%) and exports of pharmaceuticals (49%).
 
Rating of the 10 largest export goods of Georgia in 9 months of 2020:
 
1. Copper ores and concentrates - $ 541.6 million, an increase of 14.1% over the previous year;
2. Cars - $ 304.2 million, a decrease of 37.3% over the previous year;
3. Ferroalloys - $ 180.3 million, a decrease of -24.9% over the previous year;
4. Natural grape wines - $ 1143.2 million, a decrease of 5.8% over the previous year;
5. Alcoholic beverages - $ 86.2 million, an increase of 10.8% over the previous year;
6. Mineral and freshwater - $ 81.3 million, a decrease of 16.9% over the previous year;
7. Precious metal ores and concentrates - $ 77.3 (no exports
 of these goods were registered in the previous year);
8. Medicines - $ 71.5 million, a decrease from the previous year -49.6%;
9. Gold - $ 68.7 million, an increase of 29.5% over the previous year;
10. Nitrogen Fertilizers - $ 56.3 million, a decrease of 21% over the previous year
11 Other goods - a total of $ 792.5 million, a decrease of 21.3% over the previous year.
 
In total, Georgia's trade turnover in January-September amounted to $ 8.1 billion, which is 14.9% less than the previous year. Exports were $ 2.4 billion (down by 14.9%), and imports were $ 5.7 billion (down by 15.9%).