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).

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).

Georgia’s trade deficit narrowed sharply to USD 675.3 million in November 2025 from USD 933.3 million a year earlier. This marked the smallest shortfall since February 2023, as exports surged by 44.2% year-on-year to USD 782.3 million, while imports declined by 1.2% to USD 1,457.5 million. For the January–November period, the trade deficit widened to USD 9,981.9 million from USD 9,180.7 million a year earlier. Exports climbed 10.1% to USD 6,618 million, led by sales to Kyrgyzstan (USD 1,399.0 million), followed by Kazakhstan (USD 849.9 million) and Russia (USD 672.5 million). Meanwhile, imports increased 9.3% to USD 16,600 million, led by purchases from the USA (USD 2,496.5 million), Turkey (USD 2,491.9 million), and China (USD 1,803.4 million).