According to Geostat, in 8 months of 2020, exports from Georgia were decreased by 14.7%, while imports were decreased by 17.5%

According to Geostat, in the first eight months of 2020, exports of goods from Georgia were decreased by 14.7% and imports by 17.5%.

According to foreign trade statistics, in January-August 2020, foreign trade turnover of goods in Georgia (excluding undeclared trade) amounted to 7 022.8 million USD, which is 16.7 percent less than the amount of the corresponding period of the previous year.

Exports amounted to 2,071.4 million USD (14.7 per cent less), while imports amounted to 4 951.4 million USD (17.5 percent less). The negative trade balance in January-August 2020 amounted to 2 880.0 million USD and accounted for 41 per cent of foreign trade turnover.

Geostat will publish detailed data on Georgia's foreign trade on September 21.