In January–March 2026 Georgia’s Foreign Trade attained USD 5.867 Billion (a 0.2% increase)

The National Statistics Office of Georgia (Geostat) reported on April 20 that Georgia’s external merchandise trade, excluding non-declared trade, totaled USD 5.867 billion in January-March 2026. It is a 0.2% year-on-year increase.
The exports increased by 23.4% to USD 1.723 billion. Meanwhile, the decline of imports was 7.1% (to USD 4.143 billion). The trade deficit (USD 2.419 billion) accounted for 41.2% of total external trade turnover.
Leading export destinations were China (USD 203.2 million), Kyrgyzstan (USD 190.9 million) and Russia (USD 145.5 million). 71.6% of Georgia’s total exports accounted for the top ten export partners.
The leading export commodity were motor cars (USD 364.5 million, 21.1%), petroleum and petroleum oils (USD 208.1 million, 12.1%) and precious metal ores and concentrates (USD 169.9 million, 9.9%).
Turkey (USD 657.3 million), Russia (USD 592.5 million) and China (USD 487.6 million) were the leading import partners. 70.2% of total imports accounted for the top ten import partners.
The list of imported commodities included motor cars (USD 632.2 million, 15.3%), petroleum and petroleum oils (USD 338.6 million, 8.2%), petroleum gases and other gaseous hydrocarbons (USD 204.1 million, 4.9% of total imports).
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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Financial guarantees and shift from raw exports are necessary for African expansion of Ukrainian agriculture

Ukraine has expanded its presence in the African market with the creation of the first Ukrainian agro-hub in Ghana. Nevertheless, according to President of the Ukrainian Agrarian Confederation (UAC) Leonid Kozachenko, it needs to involve international financial institutions as security guarantors and move from exporting raw materials to supplying higher value-added products. It will consolidate Ukraine’s position in the region.
Also, Leonid Kozachenko says that Ukrainian businesses have already invested in production in Africa or supplied grain independently. However, political instability and cases of piracy hindered these attempts. Kozachenko proposes involving UN structures, particularly the Food and Agriculture Organization (FAO), to minimize such risks. Nowadays, Ukrainian goods have the share of less than 5% in total imports of African countries. According to the expert, Ukraine should follow the example of Turkey and the United Arab Emirates to increase volumes. These countries supply processed goods (flour, pasta, and cereals) rather than raw materials.
Kozachenko suggests that the state’s strategic goal over the next 10 years should be attracting about $85–90 billion in investments into domestic processing. Due to this, Ukraine’s annual agricultural exports will increase from the current $27 billion to more than $120 billion.
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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Georgia’s exports increased by 24% year-on-year in March 2026 and reached $697 million.

As the Georgian National Statistics Service says, Georgia’s exports increased by 24% year-on-year in March 2026 and reached $697 million. It grew up by $135 million compared to the same period last year.
Imports increased by $67 million and attained $1.59 billion (an increase by 4%).
Total exports grew up by 23% year-on-year and reached $1.72 billion in the first quarter of 2026. Meanwhile, imports decreased by 7% to $4.13 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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Ambassador reports Ukraine’s return to negotiations on free trade area with Serbia

According to ambassador of Ukraine to Serbia Oleksandr Lytvynenko, trade turnover between Ukraine and Serbia is too little. That’s why they need a joint free trade area, which will promote the development of economic ties. It will also help both countries integrate into the European market.
Lytvynenko said that agricultural machinery and machine building are the most promising sectors of the cooperation.
The diplomat also said noted that ethnic style is very popular, as well as all sorts of handicraft items. He added that President Aleksandar Vucic patronized an Ethno-Network. Lytvynenko suggested trying to sell Serbian souvenirs, the same vyshyvankas, which the Serbs have in a different form. He underlined the closeness of Serbian and Ukrainian traditions, despite different roots.
Nevertheless, the ambassador expressed an opinion that now is “not the time to force events.”
Oleksandr Lytvynenko said that Ukraine must gradually strengthen its presence in Serbia. The first task is to strengthen the role of Ukraine in the information space. It is also important to increase cultural and information exchange, so that Ukrainians know more about Serbia, and Serbians know more about Ukraine first-hand.
As the ambassador believes, it is necessary to “bring Ukrainian experts and artists to Serbia, hold exhibitions, especially since there is something to show.”
Simultaneously, Lytvynenko noted that the lion’s share of economic ties between the USSR and Yugoslavia in the 1960s-80s “were, in fact, ties with Ukraine, but the Serbs are unaware of this, and there is much of that.”
As for the prospects of organizing a direct passenger rail link between Kyiv and Belgrade, Lytvynenko suggested to launch Belgrade-Budapest first. After that happens, it will be possible to assess the results.
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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Georgia discusses deepening bilateral ties with Kazakhstan

As the Kazakh Foreign Ministry reports, Kazakh Foreign Minister Yermek Kosherbayev met with his Georgian counterpart Foreign Minister Maka Botchorishvili, during his visit to Tbilisi.
Mainly, the current state and prospects of Kazakh-Georgian relations were the central topics of the talks. The discussion was pragmatic, multifaceted and built on shared interest in promoting sustainable and mutually beneficial cooperation.
According to Kosherbayev, Kazakhstan considers Georgia as a reliable political and economic partner in the South Caucasus. He also highlighted centuries-old traditions of friendship and mutual support between the countries. Moreover, the Minister noted Georgia’s importance role as a key link in the regional transport and logistics architecture connecting Europe and Asia.
As Kosherbayev underlined, contacts at the highest and high levels are important for creating a solid foundation for today’s meaningful discussion of current issues on the bilateral agenda. Meanwhile, he noted that the results of the official visit of Georgian Prime Minister Irakli Kobakhidze to Kazakhstan in February 2025. It gave an additional impetus to bilateral cooperation. Due to that, Kazakh-Georgian relations achieved a qualitatively new level.
Notably, the both sides acknowledged the positive dynamics in trade turnover during the discussion of the economic matters. The volume of Kazakhstani investments in the Georgian economy exceeded 600 million US dollars. Also, Kazakhstani companies actively participated in the country’s logistics, energy and finance projects.
Particularly, one of the key priorities of cooperation is the development of the Trans-Caspian International Transport Route (TITR).
As Kosherbayev said, a steady increase of its capacity, better predictability of transport services and transparency of tariff policy were the counties’ common tasks.
The initiative of Kazakh President Kassym Jomart Tokayev to establish an International Water Organization under the UN also drew attention of the Kazakh official. Its aims are strengthening global cooperation in the sustainable management of water resources and ensuring water security.
Also, the significant potential for expanding cooperation in the agro-industrial complex, digital economy and financial services was noted by both ministers.
Both sides are confident that the negotiations held during the ongoing visit would consolidate the positive momentum achieved. They identified concrete steps of further development of cooperation across key areas such as transport and logistics, energy, trade and investment.
Finally, a Program of Cooperation between the Foreign Ministries for 2026-2027 was signed by Kosherbayev and Botchorishvili following the talks.
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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In Jan-Feb Serbia narrows its 25% y/y trade gap

As the statistical office said on Tuesday, Serbia’s trade deficit decreased by an annual 24.9% to 936.3 million euro ($1.1 billion) in the first two months of 2026.
Also, according to a press release of the statistical office, exports rose by 1.6% on the year to 5.292 billion euro in the reporting period. Nevertheless, imports fell by 3.5% to 6.228 billion euro.
Meanwhile, the export-import ratio in the review period increased to 84.9% from 80.7% in the first two months of 2025.
Notably, electrical machines (570 million euro), road vehicles (544 million euro in total), metal ores and residues (386 million euro) were Serbia’s most exported products in the review period.
Simultaneously, electrical machines worth 440 million euro, road vehicles worth 347 million euro, and oil and oil derivatives for 302 million euro were imported by Serbia.
Germany, (831 million euro), Italy (480 million euro), and China (342 million euro) were Serbia’s main export destinations in the reporting period. Serbia mainly imported goods from China (1 billion euro), Germany (715 million euro), and Italy (409 million euro).
In February a trade gap of 817 million euro widened from a 759 million euro trade deficit in the same month last year. The increase of exports attained 6.3% on the year (2.876 billion euro) in February. Meanwhile the raise of imports was 6.6% (3.693 billion euro).
In 2025, Serbia’s trade deficit expanded by 2.9% to 8.791 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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Freightos Booking Platform will accept Air Serbia

The leading vendor-neutral digital pricing, booking and procurement platform for the international freight industry, Freightos (NASDAQ: CRGO), announced today that Air Serbia will join its cargo booking platform. That means further expanding of Freightos’ airline network and strengthening adoption of Freightos Pay in Europe. Freightos Pay will get access to rapid, guaranteed digital payments between freight forwarders and carriers across Europe, including for forwarders without IATA accreditation, due to this integration.
Freight forwarders will be boosted by the addition of Air Serbia. It will make Air Serbia air cargo available for e-bookings across the United States and throughout its European network, from Albania and Austria to Sweden and Switzerland.
According to Sebastien Podgorski, VP Airline Solutions, at Freightos, payments are a strategic lever in air cargo. Combining booking with guaranteed payments will help airlines strengthen cash flow, reduce disputes, and open up distribution to a much broader set of forwarders.
As Veselin Djordjevic, Head of Cargo at Air Serbia, said, digital transformation is at the core of our growth strategy, and partnering with Freightos represents a significant step forward in our cargo operations.
She added that the guaranteed payment solution will eliminate financial uncertainty while expanding the reach to freight forwarders across Europe and beyond. Operations will be streamlined, administrative work will be reduced by this integration.
Freightos’ Pay solution ensures carrier payment from a broader range of freight forwarders, all while processing and reconciling transactions faster than traditional payment methods. This streamlines the financial aspect of air cargo bookings and reduces financial risk for airlines and helps freight forwarders without an existing airline account or accreditation access carriers and grow their customer base.
Freightos® (NASDAQ: CRGO), the leading vendor-neutral global freight booking platform, makes world trade efficient, agile, and resilient. It connects airlines, ocean carriers, thousands of freight forwarders, and well over ten thousand importers and exporters.
Also, a suite of software solutions that span pricing, quoting, booking, shipment management, and payments for businesses of all shapes and sizes around the globe support the Freightos platform. Freightos Enterprise for multinational importers and exporters, Freightos Marketplace for small importers and exporters, WebCargo and 7LFreight by WebCargo for freight forwarders, WebCargo for Airlines, and Clearit, a digital customs broker, are among its products.
Moreover, Freightos provides a real-time industry data via Freightos Terminal, including the world’s leading spot pricing indexes, Freightos Air Index (FAX) for air cargo and Freightos Baltic Index (FBX) for container shipping.
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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209m tons are carried by EU–Ukraine Solidarity Lanes

In 2016 Ukrainian EP9M 537 electric locomotive with UZ logo appeared on rail freight transport route in Ukraine This year, the EU-Ukraine Solidarity Lanes support the majority of imports and a large share of non-agricultural exports. They remain a core trade lifeline for Ukraine. The latest report from the European Commission’s Directorate-General for Mobility and … Read more

The increase of Azerbaijan-Georgia trade was 6.5% in January

As data from the State Customs Committee of Azerbaijan informs, the total trade turnover between Azerbaijan and Georgia reached $77.9 million in January 2026. This means a 6.5% growth compared to the same period last year.
Notably, 2.2% of Azerbaijan’s total trade turnover were accounted for trade with Georgia during the reporting month.
The growth of Azerbaijan’s exports to Georgia over the year attained 7.3% and reached $69.3 million. Meanwhile, the increase of imports from Georgia was 0.6% ($8.6 million in total).
3.1% of Azerbaijan’s total exports in January was made up by exports to Georgia. Nevertheless, only 0.7% of total imports were accounted for imports from Georgia.
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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Kazakhstan and Serbia are going to deepen strategic partnership and expand Trade and High-Tech Cooperation

During high-level talks on February, 27, Presidents Kassym-Jomart Tokayev and Aleksandar Vučić repeated their commitment to strengthening the Kazakhstan-Serbia strategic partnership.
The sides held negotiations, in both narrow and expanded formats. Expanding trade and investment, as well as cooperation in high-tech sectors, including artificial intelligence, information technology, energy and the defence industry, were in the spotlight of the talks. In this aspect, the approaching 30th anniversary of diplomatic relations between the two countries carries symbolic significance.
As Akorda reported, both officials also discussed transport and logistics, agriculture, critical minerals, digitalization, construction, and tourism.
According to Tokayev, Serbia is one of Kazakhstan’s key strategic partners in Europe. He also highlighted the launch of a direct Astana-Belgrade flight and the effective operation of more than 60 Serbian companies in Kazakhstan. Moreover, mutual support, active political dialogue and growing cooperation in trade, investment, and cultural and humanitarian spheres are the basis of bilateral ties.
From his side, Vučić got interested in expanding Kazakh participation in joint projects, notably in construction, and closer collaboration in innovation-driven sectors.
Tokayev recognised Vučić’s contribution to strengthening bilateral relations by awarding him with the Altyn Qyran (Golden Eagle) Order, Kazakhstan’s highest state decoration, during the visit.
In response, Vučić called the award a great honour and a testament to the friendship between the two nations. He also added that it carries both pride and responsibility to further strengthen cooperation and promote peace and stability.
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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