Georgia Balance of Trade  1995-2018 | Data | Chart | Calendar | Forecast

Georgia recorded a trade deficit of 479.30 USD Million in May of 2018. Balance of Trade in Georgia averaged -231.72 USD Million from 1995 until 2018, reaching an all time high of -6.34 USD Million in April of 1995 and a record low of -629.01 USD Million in December of 2014.

Georgia Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-04-13 07:00 AM Balance of Trade $-543.7M $-424.6M € -371M
2018-05-15 07:00 AM Balance of Trade $-501.3M $-562.1M € -457.6M
2018-06-15 07:00 AM Balance of Trade $-479.3M $-500.6M € -432.7M
2018-07-13 03:00 AM Balance of Trade $-479.3M $ -467.6M
2018-08-13 12:45 AM Balance of Trade € -449.3M
2018-09-13 01:50 AM Balance of Trade € -446.1M


Georgia Trade Last Previous Highest Lowest Unit
Balance of Trade -479.30 -500.60 -6.34 -629.01 USD Million [+]
Exports 323.30 229.20 323.30 7.09 USD Million [+]
Imports 802.60 729.80 861.98 14.82 USD Million [+]
Current Account -582.10 -134.60 -37.90 -925.90 USD Million [+]
Current Account to GDP -13.30 -12.00 -5.27 -22.07 percent [+]
Terrorism Index 2.11 1.26 4.83 1.26 [+]
Remittances 354973.00 383422.00 410483.00 33643.00 USD Thousands [+]
Foreign Direct Investment 497.40 600.40 740.60 79.60 USD Million [+]
Capital Flows 541.70 205.10 881.90 1.50 USD Million [+]
Crude Oil Production 0.40 0.40 2.80 0.40 BBL/D/1K [+]
External Debt 17203.49 16712.72 17203.49 4175.11 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Georgia Balance of Trade

Georgia's increasing trade deficits are a by-product of Russia's trade embargo. Georgia has failed to diversify its exports and relies heavily on agriculture and low value added resource exploration. Georgia's main imports are oil, motor cars, pharmaceutical products, wheat and meslin, sugar and electrical equipment. Georgia's main trading partners are Turkey, Azerbaijan, Ukraine, Germany, Russia, the United States and Bulgaria. . This page provides the latest reported value for - Georgia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Georgia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-479.30 -500.60 -6.34 -629.01 1995 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Australia 977.00 Apr/18
Brazil 5981.00 May/18
Canada -1902.20 Apr/18
China 249.22 May/18
Euro Area 16704.70 Apr/18
France -4954.00 Apr/18
Germany 20413.00 Apr/18
India -14620.00 May/18
Indonesia -1629.30 Apr/18
Italy 2937.96 Apr/18
Japan -578.32 May/18
Mexico -289.15 Apr/18
Netherlands 3841.00 Apr/18
Russia 15316.00 Apr/18
South Korea 6732.00 May/18
Spain -3050045.00 Apr/18
Switzerland 2255.00 May/18
Turkey -6690.00 Apr/18
United Kingdom -5280.00 Apr/18
United States -46199.00 Apr/18


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