Georgia exports 2019. Evolution of gdp per capita ppp in georgia and other former soviet union countries between 1994 2019 and future projections for 2019 2024. Figures are shown at the more granular six digit harmonized tariff system code level for more precise product identification. Also shown is the percentage share each export category represents in terms of overall exports from georgia.
Exports in georgia increased to 26690 usd million in june from 23530 usd million in may of 2020. 51 year on year and will have deteriorated even further in the second quarter hit by covid 19 fallout. Exports origin of movement from georgia top 25 6 digit hs commodities based on 2019 dollar value.
This page provides the latest reported value for georgia exports plus previous releases historical. Exports by origin state origin of movement series. Gdp will increase by 25 percent.
Values in millions of dollars. 2019 set another record for georgia trade with exports exceeding 412 billion an increase of 15 percent over 2018. Georgia has established a strong record of reforming its economy and raising the living standards of its citizens.
Following a three year average growth surge of 54 percent year over year wine exports from georgia to the united states grew by 88 percent in the first half of 2019. Growth has been robust and resilient entrepreneurship is vibrant and living conditions have been steadily improving. Exports in georgia averaged 11920 usd million from 1995 until 2020 reaching an all time high of 39030 usd million in december of 2019 and a record low of 709 usd million in march of 1995.
As an example in 2016 georgia exported 8726353 worth of products to armenia and imported 14493192 worth of products from armenia. Across the state exports sustain thousands of businesses with nearly 90 of georgia exporters consisting of small and medium sized firms. Georgias economy will grow 3 percent in 2019 just a half percent lower than last year while us.
Between 2010 and 2019 georgias gdp per capita grew at an average annual rate of 48 percent. The following export products represent the highest dollar value in georgia global shipments during 2019. Annual growth slumped to an over three year low of 22 in the first quarter q4 2019.
The trade with georgias major partners continued growing.