Motor cars rank first in list of top export items in Georgia
BAKU, Azerbaijan, Feb. 19
By Tamilla Mammadova – Trend:
Motor cars reclaimed the first place in the list of Georgian top export items in January 2020, equaling $51.8 million or 19.7 percent of total exports, Trend reports citing Georgian National Statistical Service (Geostat).
As reported, the exports of copper ores and concentrates totaled $49.4 million and their share in the total exports amounted to 18.8 percent.
The precious metal ores and concentrates exports occupied the third place standing at $16 million and constituting 6.1 percent of the total exports.
The top import commodities in January 2020 were petroleum gases and other gaseous substances; their imports equaled $56.8 million (9.2 percent of the total imports).
In the reporting period, the petroleum and petroleum oils followed in the list with $51.6 million or 8.3 percent of imports. The motor cars were third in the top import commodity list with $50 million (8.1 percent of imports).
The external merchandise trade (excluding non-declared trade) of Georgia amounted to $882.5 million in January 2020, 5.7 percent higher compared to the same month of 2019.
As reported, the exports equaled $262.6 million (10 percent higher), while the imports stood at $619.8 million (4 percent higher).
The negative trade balance was $357.2 million in January 2020 and its share in external trade turnover constituted 40.5 percent.
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