BAKU, Azerbaijan, Feb.5
By Tamilla Mammadova – Trend:
Georgia's re-exports of cars amounted to $404.1 million in 2020 that is 44.8 percent less than in 2019 ($732.8 million), Trend reports via the National Statistical Office (Geostat).
According to the Geostat, Georgia exported 40,712 cars in 2020, 107,268 in 2019. Last year, re-exports were carried out to 59 countries, including Cyprus, China, Switzerland, Jordan, El Salvador, etc.
Top-10 countries in terms of the value of re-exports:
Azerbaijan - $226.38 million (23,348 cars)
Ukraine - $81.09 million (10,336 units)
United Arab Emirates - $23.94 million (401 units)
Belgium - $14.2 million (299 units)
Russia - $10.64 million (1,906 cars)
Kyrgyzstan - $8.20 million (931 cars)
Tajikistan - $6.15 million (868 cars)
Turkey - $5.42 million (146 cars)
Armenia - $4.88 million (850 cars)
Kazakhstan - $3.96 million (317 cars).
The external merchandise trade (excluding non-declared trade) of Georgia amounted to $11.34 billion in 2020, 14.8 percent lower year-on-year.
The exports equaled $3.34 billion (12 percent lower), while the imports stood at $8 billion (15.9 percent lower). The negative trade balance was $4.66 billion in 2020 and its share in external trade turnover constituted 41.1 percent.
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