Georgia’s foreign  trade down 14.8 % in 2020

Georgia’s foreign trade down 14.8 % in 2020

access_time2021-01-14 12:30:53

 

Georgia’s foreign  trade (excluding non-declared trade) declined 14.8 % compared with the previous year and amounted to $ 11 347.7 million in 2020 - the  National Statistical Office reports.

The exports decreased by 12.0% to $ 3 342.1 million, while the import declined 15.9% and amounted to $ 8 005.6 million.


The trade deficit equaled $ 4 663.4 million, and its share in trade turnover made 41.1 %.


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