Georgia's Economic Outlook 2020
DIVERSIFIED FOREIGN TRADE
57
IMPORTS OF GOODS AND SERVICES
EXPORTS OF GOODS AND SERVICES
Source: NBG - BOP statistics
Source: NBG - BOP statistics
12
10
20 000
10.1
9.2
9.3
7.5
8.0
1.7
8
1.4
1.6
8.7 8.5 9.4
2.0
10.8 11.1
2.2 2.4
10.0
9.5
8.9
7.6
1.0
7.2
7.0
0.8
6.1
6.2
1.7
6.0
0.5
1.3
1.7
1.1 0.9
1.2
6.1
5.2
5.3
0.9
0.4
0.3
3.6
3.9
3.1
6
5.0
4.0
0.7
1.1
3.1
3.1
2.6
2.5
1.0
0.5
2.5
4
6.3
6.7
7.7
8.3
7.7
8.6
8.7
2.5
7.0
7.4
6.8
1.9
2
4.3 5.1
1.6 2.0
2.6
3.0
3.0
3.1
3.3
4.0
4.5
4.6
0.0
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
■Goods imports, US$ bn
■Services imports, US$ bn
■Services exports, US$ bn Goods exports, Geo-originated, US$ bn Re-exports, US$ bn
IMPORTS BY COUNTRY, 1Q20
EXPORTS BY COUNTRY, 1Q20
OIL IMPORTS
Source: Geostat
Source: Geostat
Source: Geostat
Ukraine
4.0%
Other
15.4%
EU
23.9%
Armenia.
4.4%
USA
Uzbekist UAE
an
1.4%
1.3%
Oil imports were flat y/y in 1Q20
Other
13.8%
EU
21.3%
1,000
800
USA
600
2.4%
400
Armenia
Azerbaija
200
6.0%
Turkey
17.4%
5.9%
Ukraine
6.8%
n
о
15.7%
-200
-400
Hillyd
75%
60%
45%
30%
15%
0%
-15%
-30%
China
9.1%
Azerbaija
Russia
n
10.5%
9.2%
Turkey
China
6.9%
Russia
12.8%
11.7%
2014
2015
2016
2017
Oil imports, US$ mn
Oil imports, % change, y/yView entire presentation