13.Aug .2020 18:41

Geostat: Georgia’s trade turnover decreased by 17.6% in 7 months

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Georgia’s external trade turnover amounted to $6.030 billion in January-July 2020, which is a decrease of 17.6 per cent compared to the same period of last year, show preliminary data from the National Statistics Office of Georgia (Geostat).

The value of exports decreased by 16.8 per cent reaching $1.75 billion, while imports also decreased 17.9 per cent and amounted to $4.27 billion.

The trade deficit equaled $2.51 billion and its share in trade turnover came to 41.7 per cent.