Georgia Balance of Trade  Forecast


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Balance of Trade in Georgia is expected to be -449.51 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Georgia to stand at -435.78 in 12 months time. In the long-term, the Georgia Balance of Trade is projected to trend around -397.87 USD Million in 2020, according to our econometric models.


Georgia Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -468 -450 -445 -440 -436 -398
Exports 263 253 252 249 247 228
Imports 731 704 700 695 690 644
Current Account -304 -555 -299 -326 -296 -299
Current Account to GDP -13.3 -12.5 -11 -11 -12.98 -9
Terrorism Index 2.11 1.96 2.18 2.4 2.62 4.06
Remittances 367073 272000 331905 332271 339623 295000
Foreign Direct Investment 347 330 322 315 310 300
Capital Flows 366 370 361 355 350 324
Crude Oil Production 0.4 0.65 0.72 0.78 0.84 1.17
External Debt 16417 16977 17180 17327 17428 17205