Georgia Trade Deficit Widens in February

2026-03-19 07:47 By Jereli Escobar 1 min. read

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%).



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%).
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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).
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