Georgia Balance of Trade

Last Release

Jun 30, 2025

Actual

-732.8

Units In

USD Million

-808.8

Frequency

Monthly

Next Release

Aug 19, 2025

Time to Release

27 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
-6.34 Apr 1995	-1,225 Jan 2025	-316.16 USD Million	1995-2025	National Bank of Georgia

Georgia's increasing trade deficits are a by-product of Russia's trade embargo. Georgia has failed to diversify its exports and relies heavily on agriculture and low value added resource exploration. Georgia's main imports are oil, motor cars, pharmaceutical products, wheat and meslin, sugar and electrical equipment. Georgia's main trading partners are Turkey, Azerbaijan, Ukraine, Germany, Russia, the United States and Bulgaria. .

Latest Updates

Georgia’s trade deficit narrowed slightly to USD 732.8 million in June 2025 from USD 781.4 million in the corresponding month of the previous year. This marked the smallest trade deficit since March 2024. Year-on-year, exports increased by 10.4% to USD 640.2 million, while imports rose by 0.9% to USD 1,373.0 million. In the first half of the year, the country’s trade deficit widened to USD 5,464.6 million from USD 4,894.9 million in the same period a year ago, with exports and imports rising by 13.7% and 12.4%, respectively.