19.Oct .2020 15:15

Imports of 7 of the 10 Largest Imported Goods Decreased

Imports of 7 of the 10 Largest Imported Goods Decreased
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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%). In total, the import of cars decreased the most in Georgia this year by $ 258 million. The decrease in imports in this direction is related to the reduction of the automobile re-export market.

Oil imports also decreased by 32.5%, which is due to the decline in prices for this product and the economic shock of COVID-19.

In January-September 2020, the ten largest imported products in Georgia were as follows:

1. Cars - $ 560.2 million, a decrease of 31.5% compared to the previous year;
2. Copper ores and concentrates - $ 415.6 million, an increase of 0.8% compared to the previous year;
3. Oil and oil products - $ 366.6 million, a decrease of -32.5% compared to the previous year;
4. Medicines packaged - $ 230.9 million, a decrease of -12% over the previous year;
5. Petroleum gases and gaseous hydrocarbons and other (natural gas) - $ 197.3 million, a decrease of 11.7% over the previous year;
6. Telephones, smartphones - $ 114.5 million, a decrease of 15.9% over the previous year;
7. Wheat and Meslin - $ 80.4 million, an increase of 8.2% over the previous year;
8. Cigars, cigarillos, and cigarettes from tobacco or its substitutes - $ 51.2 million, a decrease of -23.1% over the previous year;
9. Trucks - $ 48.4 million, a decrease of -8.7% over the previous year;
10. Meat and feed by-products for poultry - $ 47 million, an increase of 0.5% over the previous year;
11. Other Commodities - $ 3.6 billion, down 13.5% from a year earlier.