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As the National Statistics Office of Georgia said on its website, the increase of the trade turnover between Georgia and Russia was 7% year-on-year and reached $1.28 billion in January-June 2025.
In spite of a 2% decline of Georgian exports ($332.2 million) in the first half, there was a 10.5% growth of imports from Russia (totally $950.5 million). The volume of Georgia’s negative trade balance with Russia grew by 18.7% to $608.2 million.
Precisely, the downfall of wine shipments was 34.5% in value terms to $72.8 million, exports of other alcoholic beverages fell down by 6.1% (totally $65.1 million), mineral water exports grew up by 2.4% to $41.75 million and beverages with added sugar declined by 3.9% to $27.1 million in the commodity structure of Georgia’s exports to Russia.
The rise of supplies of oil and petroleum products was 7.5% to $284.5 million, gaseous hydrocarbons grew up by 27.2% to $128 million and wheat – by 17% to $32.25 million. The decline of imports of machinery and equipment was $24.3 million from $119,900 a year previously, and semis from iron and unalloyed steel dropped to $21.7 million from $80,100 in the structure of imports from Russia.
Trade turnover between Georgia and Russia grew up by 5.4% to $2.53 billion in 2024. The increase of Georgian exports over the year was 3.7% ($681.5 million in total), while the rise of imports from Russia attained 6% to $1.85 billion. The total Georgia’s foreign trade deficit with Russia grew up by 7.4% and reached $1.17 billion.
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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According to the central bank, the increase of Serbia’s current account deficit attained 124% on the year in the first five months of the year (totally 1.654 billion euro ($1.927 billion).
As NBS said in a data release on Thursday, the rise of the deficit in trade of goods in the first five months attained an annual 18% (3.003 billion euro in total). Also, there was a decrease of the surplus in trade of services by 16% to 1.016 billion euro.
Notably, the increase of the primary income deficit equaled to an annual 4% (totally 1.138 billion euro). In its turn, the decrease of the surplus in secondary income reached 8% (totally 1.551 billion euro).
Only in May, the growth of Serbia’s current account gap was 2% on the year and reached 334 million euro.
As revised data NBS published last month report, there was an increase of Serbia’s current account gap in 2024 to 3.899 billion euro from 1.804 billion euro in the prior year.
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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The growth of Georgia’s External Merchandise Trade (excluding non-declared trade) reached 12.7 percent year -on-year (totally USD 11 933.4 million) in January-June 2025. The increase of the value of export was 13.7 percent (USD 3 234.2 million in total), while the increase of import was 12.4 percent (totally USD 8 699.3 million). USD 5 465.1 million was the total amount of the trade deficit, and it had the share of 45.8 percent in the overall trade turnover.
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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According to the Agrarian Policy and Food Ministry, Ukraine exported 60,000 tonnes of grains and leguminous crops from the start of the 2025/26 marketing year to July 4, 2025.
25,000 tonnes of wheat (compared with 245,000 tonnes in the 2024/25 MY), 34,000 tonnes of corn (468,000 tonnes), and no barley (3,000 tonnes) were included in this amount.
718,000 tonnes of crops had been exported by Ukraine as of July 5, 2024.
They estimate overall amount of Ukrainian flour exports from the start of the 2025/26 marketing year at 500 kilos (compared to 1.1 tonnes in the same period in the 2024/25 MY).
NH Logistics UKR has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Ukraine and Eurasia, supporting many clients with their import/export shipments.

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As Serbia’s statistics office said on Tuesday, the country’s trade deficit grew from an annual 3.8% to 8.541 billion euro ($9.967 billion) in 2024, down from 9.865 billion euro estimated earlier.
According to the statistics office, the increase of exports in 2024 was 6.5% on the year (totally 30.503 billion euro), while the growth of imports was 5.9% (39.044 billion euro in total).
In 2025, there was an increase of the export-import ratio to 78.2% from 77.7% in 2023.
Only in December, a trade gap of 1.104 billion euro was recorded, widening from a 1.071 billion euro trade deficit recorded in the same month in 2023. The rise of exports was 10.4% on the year to 2.423 billion euro in December, while the growth of imports was 8% to 3.527 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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The European Commission (EC) has completed its talks over reviewing the European Union’s Deep and Comprehensive Free Trade Area (DCFTA) Agreement with Ukraine. According to EC President Ursula von der Leyen, the modernized agreement ensures trade flows from Ukraine to Europe and world markets, builds bridges of stability and economic solidarity and defends EU farmers’ … Read more

As European Commissioner for Agriculture and Food Christophe Hansen said at a press conference in Brussels on Monday, the European Commission and the Ukrainian government have reached an agreement in principle on their trade relations in the future, particularly as regards exports of agricultural products.
Since June 2022, autonomous trade measures (ATM) for Ukrainian goods have been introduced and tariffs and quotas for 36 agricultural products have been removed. The EU has prolonged ATM twice and finally has replaced them with a transitional regime based on the 2016 quotas since June 5, 2025.
Hansen said that the both sides have conducted constructive talks over recent weeks to review their bilateral trade agreement to ensure a more stable and predictable basis for exporters, businesses and farmers.
According to him, this agreement currently comprises Ukraine’s commitment to gradually align to EU production standards in the agricultural sector, such as animal welfare or the use of pesticides by 2028 and to include a safeguard mechanism where imports would cause serious difficulties.
Also, they increased quotas for the most sensitive products such as sugar, poultry and eggs, wheat, maize or honey, as the key elements of the revised market access arrangements for imports from Ukraine into the EU, compared with the 2016 agreement.
A number of other Ukrainian products, including butter, skimmed milk powder, malt and gluten, oats and barley groats, whose quota volumes will be increased up to the highest level of trade in recent years, will get an improved access to the EU market.
Hansen said that trade in some products, examples including whole milk powder, fermented milk, mushrooms, grape juice, and some others, will be fully liberalized.
In its turn, Ukraine will significantly increase export quotas for pork, poultry and sugar, and reduce further duties or abolish them altogether for some other products, which should enhance the export possibilities for European famers.
Hansen mentioned the possibility of revision of the situation by the European Commission again in a few years, especially in the context of Ukraine’s progress in economic integration and its accession prospects.
While they haven’t announced the outcomes of the negotiations officially, they continue to apply the EU’s transitional arrangements that have taken effect since June 6.
NH Logistics UKR has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Ukraine and Eurasia, supporting many clients with their import/export shipments.

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According to today’s announcement of the Chamber of Commerce and Industry of Serbia (PKS), the Digital Exporters Catalogue, an innovative platform designed for foreign partners, distributors, importers, investors, companies, and business entities seeking a centralised source of information about the capacities, products, and services of Serbian export-oriented firms interested in expanding their presence and cooperation in international markets, has appeared.
As PKS states, simple and clear access to a database encompassing a wide range of sectors, from the food industry and construction to mechanical engineering, ICT, creative industries, and various service sectors, is provided by this digital tool.
As a result, users can quickly and easily search the offerings of Serbian companies due to this platform and find detailed information about their products and contact details.
The statement claims that the availability of essential information about each company, such as export destinations, applicable quality standards, certifications held, as well as logistics and production capacities, is a key advantage of the Digital Export Catalogue.
All these details significantly and effectively support potential partners by helping them make business decisions and establish cooperation.
Owners of domestic companies highlight that participation in the Digital Exporters Catalogue as a unique opportunity to strengthen their position in the global market, increase visibility, and establish new business contacts worldwide.
They say that PKS will further support the internationalisation of business and the promotion of the Serbian economy at international trade fairs, business forums, and through its network of economic representative offices in Shanghai, Dubai, Jerusalem, Moscow, Brussels, Frankfurt, and Ljubljana through this platform. The statement reports that Serbia’s diplomatic and consular network, as well as international events both home and abroad, will help promote the Digital Exporters Catalogue around the world.
According to the explanations, the Digital Exporters Catalogue is not just a database, but a strategic tool designed to enhance Serbia’s export activities and international economic cooperation. Furthermore, this new digital tool enters in a broader strategy to strengthen the domestic economy’s capacities, support exports, and intensify international economic collaboration across all continents.
Finally, Serbian exporters who wish to present their products and services to a global audience through this platform, can apply via the website www.serbia-export.com and become part of the initiative.
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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A meeting between Egyptian Prime Minister Moustafa Madbouly and his Serbian counterpart Djuro Macut during a joint press conference on Tuesday, June 17, 2025, at the government premises in the New Administrative Capital.
According to Madbouly, they have convened a constructive bilateral session in a spirit of mutual understanding and openness and discussed an array of high-priority matters pertaining to bilateral cooperation, as well as prevailing regional challenges.
As he noted, enhancing economic and trade relations, particularly in light of the Free Trade Agreement signed during the Serbian president’s visit to Cairo in July 2024 and subsequently ratified by the parliaments of the two countries, was in the center of the discussions.
The Minister also described the Egyptian-Serbian Business Forum as a valuable platform to encourage both countries’ business communities to expand collaboration across diverse sectors, such as agriculture and food security.
The Minister also highlighted Serbia’s considerable potential in agricultural production and agro-industrial processing and the importance of enhancing bilateral exports in this vital domain.
Then, Madbouly noted a wide range of investment opportunities that Egypt offers, particularly within the Suez Canal Economic Zone, trying to attract Serbian companies to invest in the country.
Another step to boost tourism and cultural cooperation between Egypt and Serbia will be expanding flights via Air Serbia, EgyptAir, and Air Cairo, following a recent visit by Egypt’s tourism minister to Belgrade.
Also, Madbouly reiterated both countries’ support for peaceful solutions in the Middle East, respect for sovereignty, and an immediate ceasefire in ongoing regional conflicts after extended talks with his Serbian counterpart. He also warned the international society against further escalation risks broader violence and regional collapse.
The Minister also called for a two-state solution based on the establishment of a Palestinian state on the 1967 borders with East Jerusalem as the capital, reaffirming Egypt’s position on the Palestinian issue. Notably, Madbouly appreciated Serbia’s recent UN vote supporting full Palestinian membership.
When talking about developments in the Western Balkans, Egypt expressed full support for Serbia’s territorial integrity and its participation in the Open Balkan initiative. As further coordination in international forums was accepted by both sides, Madbouly thanked Serbia for backing Egypt’s candidate for the post of UNESCO director-general.
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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As AD Ports Group, an enabler of integrated trade, transport and logistics solutions, announced on Tuesday, the first phase of Tbilisi Intermodal Hub, Georgia’s first modern, bonded container and intermodal terminal, and a key logistics link in the Group’s emerging Central Asian transport strategy was inaugurated.
Irakli Kobakhidze, Prime Minister of Georgia, Levan Davitashvili, First Vice Prime Minister of Georgia, Ahmed bin Ali Al Sayegh, Minister of State in the UAE Ministry of Foreign Affairs, Ahmed Ebrahim AlNuaimi, UAE Ambassador to Georgia, Giorgi Janjgava, Ambassador Extraordinary and Plenipotentiary, the Georgian Ambassador to UAE, as well as Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, Jemal Inaishvili, Founder of Inveco LLC, and Abdulaziz Zayed Al Shamsi, Regional CEO – AD Ports Group attended the inauguration.
In the first phase of Tbilisi Intermodal Hub is Tbilisi Dry Port, an Inland Container Depot (ICD) that will handle container cargo arriving by rail and truck. There are plans to build additional container yards and truck parking, and a fourth railway spur, to transform it into a full-service import-and-export logistics hub for all of Central Asia, a fast-growing region that AD Ports Group is targeting as a strategic growth corridor by early 2026.
Then, Tbilisi Intermodal Hub will process many types of cargo (containerized vehicles, and forms of containerized bulk and break-bulk commodities such as minerals, ores, and fertilizers) in its second and third phases. This will make it an important supply chain of Georgia, Armenia, and Azerbaijan, as well as an East-West crossroads for goods between China and Europe.
The first shipment of 30 containers, each carrying over 26 tonnes of cargo, via rail link from an MSC ship docked at Georgia’s Black Sea Port of Batumi, signified Tbilisi Intermodal Hub’s soft launch on 3rd May.
An inland extension of Batumi and the Port of Poti, Georgia’s key seaports, will make Tbilisi Intermodal Hub a vital logistics staging hub accelerating trade flows across the Caucasus region and Central Asia.
The Middle Corridor will become a viable, modern high-volume trade corridor linking China and Europe by overland route through Central Asia with the Group’s ports and maritime assets in Türkiye and Pakistan due to the Georgian intermodal logistics hub. They expect it to handle up to 1.9 million Twenty Foot Equivalent Units (TEUs) of container cargo annually by 2040, as manufacturers seek to avoid longer seaborne routes.
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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