Georgia Trade Gap Narrows in May

2026-06-19 07:20 By Jereli Escobar 1 min. read

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.



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Georgia Trade Gap Narrows in May
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.
2026-06-19
Georgia Trade Deficit Narrows in April
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%).
2026-05-19
Georgia Trade Deficit Narrows in March
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%).
2026-04-20