Georgia Trade Deficit Narrows in March

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.

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%).

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%).