Tatyana Gracheva

The exports of Georgia (excluding non-declared exports) attained USD 4 448.2 million, 6.7 percent higher year-on-year, in January-August 2025. The domestic exports rose by 3.1 percent compared to the same period of 2024. It had the share of 45.3 percent in total exports and reached USD 2 014.0 million.
In the reporting period, the top ten trading partners by domestic exports had the share of 71.1 percent in the total domestic exports of Georgia. Russia (USD 450.1 million), Türkiye (USD 185.6 million) and China (USD 177.9 million) were the top partners.
The first place in the list of top domestic export items was taken by precious metal ores and concentrates (USD 239.1 million,11.9 percent of total domestic exports). Then followed the domestic exports wine of fresh grapes (USD 164.9 million, 8.2 percent. The third place belonged to the domestic exports of spirituous beverages (USD 142.1 million, 7.1 percent).
NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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As the statistical office said on Tuesday, Serbia’s trade deficit increased by an annual 6% to 5.76 billion euro ($6.76 billion) in the first eight months of the year.
In the reporting period, exports grew by 8.6% on the year to 21.76 billion euro, while imports rose by 8% to 27.51 billion euro
Also, there was an increase of the export-import ratio in the review period rose to 79.1% from 78.7%.
Electrical machines (the total worth of 2.4 billion euro), non-ferrous metals (1.4 billion euro), metal ores and residues (1.3 billion euro), road vehicles (1.2 billion euro), and power-generating machinery and equipment (1.1 billion euro) were Serbia’s most exported products.
Simultaneously, Serbian electrical machines were also the most imported, at 1.8 billion euro. Then followed oil and oil derivatives (1.4 billion euro), medical and pharmaceutical products (1.36 billion euro), road vehicles (1.3 billion euro), and industrial machines (1.2 billion euro).
Germany (3.4 billion euro), Bosnia and Herzegovina (1.4 billion euro), and Italy (1.3 billon euro) were Serbia’s main export destinations in the reporting period. China (4 billion euro), Germany (3.2 billion euro), and Italy (1.8 billion euro) were Serbia’s main partners by imports.
In August, the decrease of imports attained 0.7% to 3.11 billion euro and the downfall of exports reached 2.6% on the year to 2.37 billion euro. That made a trade gap widen from a 698 million euro in the same month last year to 739 million euro.
Last year, the increase of Serbia’s trade gap was 3.8% (totally 8.54 billion euro).
NH Logistics SER has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Serbia and Eurasia, supporting many clients with their import/export shipments.

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Georgia external merchandise trade (excluding non-declared trade) attained USD 16 250.8 million in January-August 2025 (8.8 percent higher year-on-year). The exports showed a 6.7 percent growth and reached 4 448.2 million, while the imports increased by 9.7 percent and attained USD 11 802.7 million. The share of the negative trade balance in external trade turnover (totally it was USD 7 354.5 million in January-August 2025) constituted 45.3 percent.

Kyrgyzstan (USD 943.1 million), Kazakhstan (USD 572.9 million) and Russia (USD 480.7 million) were the top ten Georgia’s trading partners by exports. Their share in the total exports of the country amounted to 79.8 percent in January-August 2025. The USA (USD 1 801.0 million), Türkiye (USD 1 779.8 million) and China (USD 1 225.1 million) were the top partners by imports in the reporting period. Their share in the total imports of Georgia was 71.3 percent.

Türkiye (USD 1 989.7 million), the USA (USD 1 863.5 million) and Russia (USD 1 705.5 million) were the top trading partners in January-August 2025 with the share of 68.7 percent in the total external trade turnover of Georgia.

Motor cars (USD 1 728.3 million, 38.9 percent of exports), precious metal ores and concentrates (USD 239.1 million, 5.4 percent of exports), spirituous beverages (USD 172.0 million, 3.9 percent of exports) were top export items in the reporting period.

Motor cars (USD 2 422.6 million, 20.5 percent of the total imports), petroleum and petroleum oils (USD 846.1 million, 7.2 percent of imports), paintings, drawings and pastels (USD 481.4 million, 4.1 percent of imports) were the top import commodities in January-August 2025.

NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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The Athens Chamber of Commerce and Industry (EVEA), the Hellenic Federation of Enterprises (SEV), Enterprise Greece, and the Greek Exporters’ Association (SEVE) organized the “Greece–Serbia Business Forum and B2B Meetings” on Tuesday in Athens.

According to Sofia Kounenaki Efraimoglou, EVEA’s first vice president, Greek exports to Serbia overpassed €400 million in 2024, and imports come close to €390 million.

As Enterprise Greece CEO Marinos Giannopoulos, SEV’s Vicky Makrygianni and Greek Foreign Ministry official and Ambassador Dimitris Karampalis said, the forum helps develop strategic partnerships in such crucial sectors as AI, energy, tourism, logistics and pharmaceuticals. According to SEVE’s Panagiotis Hasapis, bilateral trade attained €828.5 million. Such sectors as aluminum, food, plastics and machinery, infrastructure, digitalization and health sciences are especially important.

NH Logistics SER has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Serbia and Eurasia, supporting many clients with their import/export shipments.

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