Import decreased by 260 USD or 34.4% in May through Georgia amounting to 497 million USD.
Sharp drop was noted in export as well. The value of exported goods from Georgia has totaled to 234.1 million USD, which is 103.4 million USD (30.6%) comparing to 2019.
As for January-May data, the rates are as follows:
External Merchandise Trade (excluding non-declared trade) of Georgia amounted to USD 4 206.2 million in January-May 2020, 16.8 percent lower year-on-year. The value of export decreased by 16.2 percent and amounted to USD 1 235.4 million, while the import decreased by 17.0 percent and amounted to USD 2 970.8 million. The trade deficit equaled USD 1 735.4 million and its share in trade turnover constituted 41.3 percent.
