Georgia’s trade deficit narrowed to USD 894.9 million in May 2026 from USD 906.4 million in the same month a year earlier. Exports rose 15.1% year-on-year to USD 667.8 million, while imports increased 5.1% to USD 1,562.6 million. In the January-May period, exports climbed 19.8% to USD 3,107.7 million, driven by stronger sales of oil and petroleum products (885.8%), copper ores and concentrates (206.5%), and precious metal ores and concentrates (87.2%). Among major trading partners, exports surged to China (145.7%), Armenia (28.8%), and Turkey (65.6%). Meanwhile, imports fell 1.9% to USD 7,331.9 million, weighed by lower purchases of passenger cars (-20.2%) and trucks (-20.4%). Imports from the USA fell 33.9%, while those from Germany and Japan declined 8.8% and 1%, respectively. The country's trade deficit for January-May reached USD 4,224.2 million, narrowing from USD 4,875.8 million in the same period last year. source: National Statistics Office of Georgia

Georgia recorded a trade deficit of 894.90 USD Million in May of 2026. Balance of Trade in Georgia averaged -341.31 USD Million from 1995 until 2026, reaching an all time high of -6.30 USD Million in April of 1995 and a record low of -1300.70 USD Million in January of 2025. 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Georgia recorded a trade deficit of 894.90 USD Million in May of 2026. Balance of Trade in Georgia is expected to be -1150.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-19 07:00 AM
Balance of Trade
Apr $-764.7M $-924.9M $-940.0M
2026-06-19 07:00 AM
Balance of Trade
May $-894.9M $-765.6M $-820.0M
2026-07-20 07:00 AM
Balance of Trade
Jun $-894.9M $ -1150M


Related Last Previous Unit Reference
Balance of Trade -894.90 -795.60 USD Million May 2026
Capital Flows -428.62 440.26 USD Million Dec 2025
Current Account -487.11 337.98 USD Million Dec 2025
Current Account to GDP -2.60 -5.30 percent of GDP Dec 2025
Exports 667.80 716.30 USD Million May 2026
External Debt 26860.27 27212.10 USD Million Dec 2025
Foreign Direct Investment 391.70 533.20 USD Million Dec 2025
Gold Reserves 7.14 7.14 Tonnes Mar 2026
Imports 1562.60 1511.90 USD Million May 2026
Remittances 957587.40 976328.70 USD Thousands Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
-894.90 -795.60 -6.30 -1300.70 1995 - 2026 USD Million Monthly

News Stream
Georgia Trade Gap Narrows in May
Georgia’s trade deficit narrowed to USD 894.9 million in May 2026 from USD 906.4 million in the same month a year earlier. Exports rose 15.1% year-on-year to USD 667.8 million, while imports increased 5.1% to USD 1,562.6 million. In the January-May period, exports climbed 19.8% to USD 3,107.7 million, driven by stronger sales of oil and petroleum products (885.8%), copper ores and concentrates (206.5%), and precious metal ores and concentrates (87.2%). Among major trading partners, exports surged to China (145.7%), Armenia (28.8%), and Turkey (65.6%). Meanwhile, imports fell 1.9% to USD 7,331.9 million, weighed by lower purchases of passenger cars (-20.2%) and trucks (-20.4%). Imports from the USA fell 33.9%, while those from Germany and Japan declined 8.8% and 1%, respectively. The country's trade deficit for January-May reached USD 4,224.2 million, narrowing from USD 4,875.8 million in the same period last year.
2026-06-19
Georgia Trade Deficit Narrows in April
Georgia’s trade deficit narrowed to USD 764.7 million in April 2026 from USD 908.5 million a year earlier. Exports rose 16.1% year-on-year to USD 716.3 million, while imports declined to 2.9% to 1,480.9 million. In the first four months of the year, the trade gap also narrowed to USD 3,253.0 million from USD 3,969.2 million. During this period, exports rose 21.1% to USD 2,439.9 million, driven by stronger shipments to China (193.9%), Turkey (92.1%), and Ukraine (66.9%). By product, exports surged in petroleum and petroleum products (921.6%), precious metal ores and concentrates (133.7%), and ferro-alloys (91.9%). Meanwhile, imports declined 4.9% to USD 5,692.9 million, dragged by lower purchases from the US (-38.5%) and Germany (-11.1%), as well as reduced imports of motor cars (-23.1%) and motor vehicles for transport of goods (-24.6%).
2026-05-19
Georgia Trade Deficit Narrows in March
Georgia’s trade deficit narrowed to USD 895.3 million in March 2026 from USD 957.9 million a year earlier. Exports rose 24% year-on-year to USD 697 million, while imports increased at a slower pace of 4.7% to USD 1,592.3 million. In the first two months of the year, the trade gap also narrowed to USD 2,419.5 million from USD 3,060.6 million. During this period, exports rose 23.4% to USD 1,723.7 million, driven by stronger shipments to China (278.1%), Russia (12.1%), and Turkey (90.5%). By product, exports surged in oil and oil products (698.3%), precious metal ores and concentrates (220.9%), and ferroalloys (93.8%). Meanwhile, imports declined 7.1% to USD 4,143.2 million, dragged by lower purchases from the US (-42.4%) and Germany (-13.4%), as well as reduced imports of passenger cars (-26.1%) and other goods (-13.1%).
2026-04-20