Georgia Trade Gap Narrows in May

Georgia’s trade deficit narrowed to USD 909.1 million in July 2026 from USD 998.8 million in the same month a year earlier. Exports climbed 30% year-on-year to USD 793.9 million, while imports increased 5.8% to USD 1,703 million. In the January-July period, exports rose 21.6% to USD 4,670.2 million, driven by higher sales of oil and petroleum products (1,052%) and copper ores and concentrates (310.8%), while passenger cars declined 21.5%, though they remained the country’s top export product. Exports rose most to China (166.4%), Russia (6.2%), and Armenia (31.2%). Meanwhile, imports increased 2.4% to USD 10,849 million, supported by higher purchases of oil and petroleum products (32.7%) and medications (6.5%), while passenger cars fell 12.8%, though they also remained the most imported product. Imports rose most from China (22.3%), Russia (26.5%), and Turkey (5%). The country’s trade deficit for the January-July period narrowed to USD 6,178.9 million from USD 6,756.4 million last year.

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.