External Merchandise Trade in January-August 2020, 16.7 % lower year-on-year
External Merchandise Trade in January-August 2020, 16.7 % lower year-on-year

External Merchandise Trade (excluding non-declared trade) of Georgia amounted to USD 7 022.8 million in January-August 2020, 16.7 per cent lower year-on-year, stated National Statistics Office of Georgia (GeoStat).

The value of export decreased by 14.7 per cent reaching USD 2 071.4 million, while the import decreased by 17.5 per cent and amounted to USD 4 951.4 million.

The trade deficit equaled USD 2 880.0 million and its share in trade turnover constituted 41.0 per cent.