Georgia’s trade deficit widened to USD 790.6 million in February 2026 from USD 802.1 million in the corresponding month a year earlier. Exports climbed 26.6% year-on-year to USD 546.3 million, while imports grew at a slower pace of 8.4% to USD 1,336.9 million. Meanwhile, in the first two months of the year, the trade deficit narrowed to USD 1,459 million from USD 2,102.6 million. Exports rose 22.9% to USD 1,026 million, supported by stronger sales to China (289.1%), Turkey (80.9%), and Russia (28%). By product category, shipments rose sharply in oil and petroleum products (479.5%), precious metal ores and concentrates (216.8%), concentrates (116.8%), and ferroalloys (93.3%). On the other hand, imports declined 15.4% to USD 2,485.7 million, mainly due to reduced purchases from the USA (-55.9%), Germany (-29.5%), and Russia (-5.4%). Imports fell for passenger cars (-37.1%) and petroleum gases and other gaseous hydrocarbons (-7.4%). source: National Statistics Office of Georgia

Georgia recorded a trade deficit of 790.60 USD Million in February of 2026. Balance of Trade in Georgia averaged -336.58 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 -1300.50 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 March of 2026.

Georgia recorded a trade deficit of 790.60 USD Million in February 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
2026-02-19 07:00 AM
Balance of Trade
Jan $-649.1M $-1,189.2M $-850.0M
2026-03-19 07:00 AM
Balance of Trade
Feb $-790.6M $-668.4M $-910.0M
2026-04-20 07:00 AM
Balance of Trade
Mar $-790.6M $ -1150M


Related Last Previous Unit Reference
Balance of Trade -790.60 -668.40 USD Million Feb 2026
Capital Flows 377.19 -260.93 USD Million Sep 2025
Current Account 337.90 -299.60 USD Million Sep 2025
Current Account to GDP -4.40 -5.60 percent of GDP Dec 2024
Exports 546.30 480.40 USD Million Feb 2026
External Debt 27354.84 26496.31 USD Million Sep 2025
Foreign Direct Investment 533.20 580.10 USD Million Sep 2025
Imports 1336.90 1148.80 USD Million Feb 2026
Remittances 976328.60 928469.20 USD Thousands Sep 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
-790.60 -668.40 -6.30 -1300.50 1995 - 2026 USD Million Monthly

News Stream
Georgia Trade Deficit Widens in February
Georgia’s trade deficit widened to USD 790.6 million in February 2026 from USD 802.1 million in the corresponding month a year earlier. Exports climbed 26.6% year-on-year to USD 546.3 million, while imports grew at a slower pace of 8.4% to USD 1,336.9 million. Meanwhile, in the first two months of the year, the trade deficit narrowed to USD 1,459 million from USD 2,102.6 million. Exports rose 22.9% to USD 1,026 million, supported by stronger sales to China (289.1%), Turkey (80.9%), and Russia (28%). By product category, shipments rose sharply in oil and petroleum products (479.5%), precious metal ores and concentrates (216.8%), concentrates (116.8%), and ferroalloys (93.3%). On the other hand, imports declined 15.4% to USD 2,485.7 million, mainly due to reduced purchases from the USA (-55.9%), Germany (-29.5%), and Russia (-5.4%). Imports fell for passenger cars (-37.1%) and petroleum gases and other gaseous hydrocarbons (-7.4%).
2026-03-19
Georgia Posts Smallest Trade Deficit in Almost 3 Years
Georgia’s trade deficit narrowed sharply to USD 649.1 million in January 2026 from USD 1,300 million in the corresponding month a year earlier, marking the smallest shortfall since February 2023. Exports climbed 19% year-on-year to USD 480.4 million, led by sales to China (USD 66,056 million), followed by Turkey (USD 52,121.2 million), and Kyrgyzstan (USD 49,938.5 million). Meanwhile, imports slumped 33.7% to USD 1,129.5 million, with the largest purchases coming from Turkey (USD 194,984.2 million), China (USD 157,257.8 million), and Russia (USD 156,819.1 million).
2026-02-19
Georgia Posts Largest Trade Deficit in 11 Months
Georgia’s trade deficit widened slightly to USD 1,174.8 million in December 2025 from USD 1,149.3 million from a year earlier, marking the largest shortfall in eleven months. Imports rose 8.8% year-on-year to USD 1,848 million, while exports surged by 22.5% to USD 673.2 million. For the January-December period, the trade deficit widened sharply to USD 11,238.5 million from USD 10,328.1 million. Exports climbed 11.1% to USD 7,291.2 million, led by sales to Kyrgyzstan (USD 1498.8 million), followed by Kazakhstan (USD 910 million), and Russia (USD 749.3 million). Meanwhile, imports increased by 9.7% to USD 18,529.7 million, led by purchases from Turkey (USD 2,775 million), the USA (USD 2,723 million), and China (USD 1,985.4 million).
2026-01-20