Georgia Trade Gap Narrows in May

Georgia’s trade deficit narrowed to USD 854.5 million in June 2026 from USD 872.2 million in the same month a year earlier. Exports rose 20.4% to USD 770.8 million, while imports increased 7.5% to USD 1,625.4 million. In the January–June period, exports climbed 20% year-on-year to USD 3,876.3 million, driven by stronger sales of oil and petroleum products (974.3%), precious metal ores and concentrates (74.3%), and copper ores and concentrates (287.4%). Among key trading partners, exports increased to China (143%), Armenia (27%), and Turkey (57.3%) Meanwhile, imports edged up 0.7% to USD 9,049.1 million, supported by higher purchases of oil and petroleum products (34.6%), medications (8.5%), and petroleum gases and other hydrocarbons (19.1%). Imports also rose from Turkey (6.8%), Russia (25.6%), China (22.5%), and Azerbaijan (25%). The country's trade deficit for the first half of the year narrowed to USD 5,172.9 million from USD 5,757.6 million in the corresponding period of 2025.

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%).