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Share of domestic exports up in Georgia

Business Materials 20 March 2020 16:06 (UTC +04:00)
Share of domestic exports up in Georgia

BAKU, Azerbaijan, Mar. 20

By Tamilla Mammadova - Trend:

Georgia's exports (excluding non-declared exports) equaled $526.3 million from January through February 2020, 4.5 percent higher year-on-year, Trend reports referring to Georgian National Statistics Office (Geostat).

As reported, the share of the domestic exports in total export stood at 65.6 percent and amounted to $345.1 million, 1.5 percent higher compared to the same period in 2019.

From January through February 2020, the share of the top ten trading partners in domestic exports in the total domestic exports of Georgia amounted to 81.2 percent. The top partners were China ($62.9 million), Russia ($53.8 million) and Bulgaria ($50.6 million).

In the reporting period, copper ores and concentrates ranked first in the list of top export items in Georgia, equaling $89.2 million, or 25.8 percent of total exports.

The exports of ferro-alloys totaled $42.2 million and their share in the total exports amounted to 12.2 percent.

Wine exports came in third standing at $28.3 million and accounting for 8.2 percent of the total exports.

From January through February 2020, the external merchandise trade (excluding non-declared trade) of Georgia amounted to $1.85 billion, 6 percent higher as compared to the same period of 2019.

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