Georgian domestic exports down
BAKU, Azerbaijan, Sept.21
By Tamilla Mammadova – Trend:
Georgia exported locally produced goods worth $2.07 billion from January through August 2020, which is 14.7 percent lower year-on-year, Trend reports referring to the National Statistics Office of Georgia (Geostat).
As reported, the share of domestic exports (export of locally produced goods and services, including those of foreign origin that have been substantially changed through local processing) in total exports constituted 51 percent and amounted to $1.05 billion, 2.7 percent lower compared to the January-August 2019.
In January-August 2020 the share of the top ten trading partners by domestic exports in the total domestic exports of Georgia amounted to 72.7 percent. The top partners were Russia ($240.8 million), Turkey ($118.6 million), and Bulgaria ($77.4 million).
In the reporting period, ferroalloys reclaimed the first place in the list of top export items, equaling $144.9 million, or 13.7 percent of total exports. The exports of the wine of fresh grapes totaled $121.5 million and their share in the total exports amounted to 11.5 percent. The exports of precious metal ores and concentrates occupied the third-place standing at $75.2 million and constituting 7.1 percent of the total exports.
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