Georgia’s foreign trade down 15% in January-October

TBILISI(BPI)- In the first 10 months of the current year, Georgia’s foreign trade turnover (excluding undeclared trade) amounted to $ 9 159.5 million that is 15 percent less than in the corresponding period of the previous year.

Georgia’s exports declined  by 11.1%, imports down 16.6%, the National Statistical Office reports.

According to Sakstat, in January-October 2020 exports amounted to $ 2 715.3 million (11.1 percent less),  imports amounted to $ 6 444.2 million (16.6 percent less). The negative trade balance in January-October 2020 amounted to $ 3 728.9 million and accounted for 40.7 percent of foreign trade turnover.

The  detailed data on Georgia’s foreign trade will be published on November 19.

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