Georgia Balance of Trade

Last Release

May 31, 2025

Actual

-762.1

Units In

USD Million

-882.3

Frequency

Monthly

Next Release

Jul 21, 2025

Time to Release

30 Days 18 Hours

Highest	Lowest	Average	Date Range	Source
-6.34 Apr 1995	-1,225 Jan 2025	-314.89 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 to USD 762.1 million in May 2025 from USD 912.5 million in the same month last year. This marked the smallest trade deficit since March of 2024. Year-on-year, exports grew 15.7% to USD 560.1 million, while imports fell by 5.1% to 1,342.2 million. In the first four months of the year, the country’s trade deficit widened to USD 4,601.6 million from USD 4,113.4 million in the corresponding period of the previous year, as exports increased by 14.6% while imports rose by 12.8%.