Imports of goods decreased by 19.3% - TBC Capital

Imports of goods decreased by 19.3% year on year, largely due to the decline in imports of transport equipment (-35.0% y / y) and oil products (-33.4% y / y). This is mentioned in the weekly review of TBC Capital.

According to the document, the import of consumer goods (-19.4% y / y), capital goods (-14.0% y / y) and industrial supplies (-15.3% y / y) also decreased, while the import of food products increased by 2.1% y / y.

As for exports, according to TBC Capital, in August 2020, compared to the 15.3% decrease in July, the rate of decline in exports decreased to 7.5%.

"Decrease was observed in the CIS countries (-20.3% y / y) and the European Union (-11.1% y / y), while exports of goods to other countries increased (+ 26.3% y / y), mainly to China (+ 62.1% y / y) ) and at the expense of increased exports to Turkey (+ 65.3%).

Exports of cars (-12.8% y / y), wine and spirits (-12.0% y / y), mineral waters (-8.8% y / y), medicines (-5.4% y / y) decreased by commodity categories. At the same time, exports of copper (+ 7.5% y / y), ferroalloys (+ 34.5% y / y) and gold (+ 38.9% y / y) increased significantly, "the review reads.

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Imports of goods decreased by 19.3% - TBC Capital

Imports of goods decreased by 19.3% year on year, largely due to the decline in imports of transport equipment (-35.0% y / y) and oil products (-33.4% y / y). This is mentioned in the weekly review of TBC Capital.

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Imports of goods decreased by 19.3% - TBC Capital

Imports of goods decreased by 19.3% year on year, largely due to the decline in imports of transport equipment (-35.0% y / y) and oil products (-33.4% y / y). This is mentioned in the weekly review of TBC Capital.

Last 7 Days Hot Topic

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine 01

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul 02

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 03

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 04

Georgia Sees Surge in Electric Vehicle Registrations 05

Levan Lepsveridze Joins Jury at Cannes International Festival 06

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine
01

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
02

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
03

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
04

Georgia Sees Surge in Electric Vehicle Registrations
05

Levan Lepsveridze Joins Jury at Cannes International Festival
06