Georgian External Trade to be 14.8 % down in 2020
Georgian External Trade to be 14.8 % down in 2020

External Merchandise Trade (excluding non-declared trade) of Georgia amounted to USD 11 347.7 million in 2020, 14.8 % lower year-on-year, Georgia’s National Statistics Office reported on Thursday.

The export value decreased by 12.0% to USD 3 342.1 million, while the import declined by 15.9% and amounted to USD 8 005.6 million.

The trade deficit equaled USD 4 663.4 million, and its share in trade turnover made 41.1 %.

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