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Georgian domestic exports down

Business Materials 19 October 2020 15:50 (UTC +04:00)
Georgian domestic exports down

BAKU, Azerbaijan, October 19

By Tamilla Mammadova – Trend:

Georgia exported locally produced goods worth $2.40 billion from January through September 2020, which is 12.2 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 71.6 percent and amounted to $1.72 billion, 2.8 percent higher to the January-September 2019.

In January-September 2020 the share of the top ten trading partners by domestic exports in the total domestic exports of Georgia amounted to 79.7 percent. The top partners were China ($343.4 million), Russia ($280.1 million), and Bulgaria ($228.3 million).

In the reporting period copper ores and concentrates reclaimed the first place in the list of top export items, equaling $541.7 million, or 31.5 percent of total exports. The exports of ferroalloys totaled $179.8 million and their share in the total exports amounted to 10.4 percent. The exports of the wine of fresh grapes occupied third place standing at $142.7 million and constituting 8.3 percent of the total exports.

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