Geostat published a new report. According to it, the external merchandise trade of Georgia amounted to 7 billion USD in January-August, 16.7 per cent less comparing to the same period of the previous year. Including, import totaled to 2.07 billion USD (14.7% down), while export – 4.9 billion USD (17.5% down).
As of the report, export of 6 major commodities down in the list of top export items. The significant drop is noted in medicines (-53%) and vehicle re-export (37%).
Rating of 10 major export commodities of Georgia in 8 months of 2020:
1.Copper ores and concentrates – 462 million USD; 7.5% growth y-o-y
2.Motor cars - 260 million USD; decline of -37% y-oy
3.Ferro-alloys - 145 million USD; decline of -29% y-o-y
4.Wine of fresh grapes -122 million USD; decline of -8.6% y-o-y
5.Spirituous beverages – 76 million USD; growth of 10.9% y-o-y
6.Precious metal ores and concentrates – 75 million USD (export of that product was not fixed last year)
7.Natural or artificial mineral and aerated waters –70 million USD; decline of -21% y-o-y
8.Medicaments put up in measured doses – 63 million USD; decline of -53% y-o-y
9.Gold – 59 million USD; growth of 30 % y-o-y
10.Nitrogenous fertilizers – 53.7 million USD, decline of -10.2% y-o-y
11.Other commodities – 683 million USD in total, decline of -19.2% y-o-y
