Author’s post

According to preliminary data released by the National Statistics Office (Geostat), Georgia’s exports showed strong growth in November 2025 (an increase by 44% year-on-year) and attained $782 million. Simultaneously, imports declined slightly. The worth of goods that Georgia imported in November decreased by 1.4% compared to the same month last year and equals to $1.45 billion.
In a larger scale, the expansion of foreign trade continued in January- November 2025. As a result, the share of total exports increased by 10% year-on-year and amounted to $6.61 billion. However, imports grew up only by 9.3% compared to the same period in 2024 and attained $16.6 billion.
Geostat will published detailed and final foreign trade data for the full year of 2025 on December 19, 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.

Source Link

According to the data given, Ukraine imported goods worth $75.4 billion and exported goods worth $36.8 billion during this period.
Also, the State Customs Service reports that Ukraine’s trade turnover for January-November 2025 attained $112.2 billion.
Meanwhile, the share of taxable imports amounted to 76% of the total volume of imported goods ($57.6 billion).
China ($17 billion), Poland ($7.1 billion), and Germany ($5.9 billion) were among the countries from which Ukraine imported the most goods. Poland ($4.6 billion), Turkey ($2.5 billion), and Germany ($2.2 billion) were the countries where Ukraine exported the most to.
The share of machinery, equipment, and transport of the total volume of goods imported in January-November was 67% ($30.2 billion). The share of chemical industry products amounted to $11.4 billion. Finally, the share of fuel and energy products was $9.4 billion.
Also, food products ($20.4 billion), metals and steel products ($4.3 billion), and machinery, equipment, and transport ($3.4 billion) were the top three most exported goods from Ukraine.
Meanwhile, the budget received UAH 1.2 billion during customs clearance of exports of goods subject to export duties in January-November 2025.
However, GMK Center reported Ukraine’s trade turnover increase from $99.4 billion to $112.3 billion, demonstrating a 13% growth in 2024 compared to 2023. In total, Ukraine imported goods worth $70.7 billion and exported goods worth $41.6 billion during the year.
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.

Source Link

As Mariam Kvrivishvili, Georgia’s Minister of Economy and Sustainable Development, announced at the Second Trans‑Caspian Transport Corridor and Connectivity Investors Forum, the country intends to invest USD 7 billion in transport, logistics, and infrastructure projects over the next seven years.
The construction of the Anaklia Deep-Sea Port, a full modernization of the national railway network, expansion and construction of key highways, and the development of a new international airport at Vaziani are included in the investment package.
According to the minister, the aim of these projects is to make Georgia a strategic transit hub connecting Europe and Asia through the so-called “Middle Corridor” due to the country’s location between the Caspian region, the South Caucasus, and the Black Sea.
The role of the Anaklia port in this plan is central. As Kvrivishvili said, the port will handle 600,000 TEUs by 2029, with capacity expected to rise to at least 1 million TEUs by 2035. This move could significantly boost Georgia’s maritime logistics capabilities. Also, is critical to expand port and transport infrastructure for ensuring the “uninterrupted transit of growing trade flows between Europe and Asia.”
According to Kvrivishvili, funding alone would not be enough for the program of such scale. Private sector should also be strongly involved in it. Moreover, international financial institutions should support Georgia’s strategy of combining public investment with private partnerships and international cooperation to develop a modern, multimodal transport network.
However, the modernization of Georgian infrastructure has already begun under the national economic reform program. It comprises expanding and upgrading roads, railways, seaports, and logistics centers, including new deep-water facilities. Regional connectivity goals, integrating Georgia’s networks with broader transport corridors across the Caspian, the South Caucasus, and Europe also align with these investments.
Nevertheless, there are some challenges. Notably, they haven’t finalized les negotiations with a preferred investor for the Anaklia port, announced more than a year ago. Bottlenecks in customs procedures and limited ferry connections between Georgia and European ports Kvrivishvili were also mentioned. They expect full digitalization and better data sharing to improve efficiency.
The nearest plans of the government are focusing on renewing railway rolling stock and freight fleets, completing remaining sections of the Baku–Tbilisi–Kars railway, and deploying unified digital services across logistics networks. Due to these measures, cargo transit times through Georgia can be reduced by up to 30%.
In general, Georgia can become a more competitive and efficient hub for goods moving between Europe, the Caspian region, and Central Asia.
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.

Source Link

EU statistics agency Eurostat reported on December 2 a decrease of both EU imports from Ukraine (-5.8 per cent) and EU exports to Ukraine (-5.3 per cent) in the third quarter of 2025 compared with the previous quarter.
Notably, the decrease of imports attained 19.1 per cent. Meanwhile, the increase of exports reached 4.4 per cent, compared with the same quarter of the previous year.
Q2 2025 was the peak of the EU trade surplus with Ukraine (6.4 billion euro). Then, it fell to 6.0 billion euro in Q3 2025.
As for the share for Ukraine in extra-EU exports, it increased from 1.3 per cent in Q3 2021 to 1.7 per cent in Q3 2025. Opposingly, its share in extra-EU imports fell down from 1.3 per cent to 0.8 per cent in the reporting period.
According to Eurostat, the EU has recorded deficits in food, drinks and tobacco, as well as in raw materials, since Q2 2022.
The EU’s Autonomous Trade Measures (ATMs) for Ukraine and suspended tariffs and quotas possibly drive these deficits, reflecting increased imports of these products.
Simultaneously, the EU increased its exports of machinery, vehicles, and other manufactured goods to support Ukraine’s domestic production.
In general, the role of these exports in sustaining Ukraine’s infrastructure and industrial capacity is crucial. This trade dynamic makes the overall EU trade balance increase progressively to six billion euro in surplus in Q3 2025.
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.

Source Link

The prospects of establishing joint trade relations with third countries in the agricultural sector were in the spotlight of Azerbaijani – Georgian discussions at a meeting between Azerbaijani Agriculture Minister Majnun Mammadov and Gela Samkharauli, Chairman of the Agrarian Committee of the Georgian Parliament.
Agriculture Minister Majnun Mammadov has led the Azerbaijani delegation during an official visit to Georgia since November 26.
As the Center for Analysis of Economic Reforms and Communications of Azerbaijan reports, agricultural and agro-industrial exports increased by 19.1% year-on-year in January-October, reaching $1.03 billion.
Also, the volume of agricultural products increased by 27.5% and reached $769.7 million. Meanwhile, agro-industrial products decreased by 0.34% and attained $260 million.
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.

Source Link

Collaboration between Serbia and Ukraine in agriculture, food processing, sectoral restoration, trade, and agro-technology is developing. Notably, imports of Ukrainian agricultural commodities, particularly corn, wheat, oilseeds, and semi-finished products for the food industry to Serbia are going to increase. From its part, Ukraine is planning to import Serbian meat, dairy products, and animal feed.
The countries expect to circumvent existing transit limitations and facilitate more efficient movement of goods between then due to joint logistics corridors. As a result, bilateral agricultural trade volumes between Ukraine and Serbia are growing consistently in recent years. They intend to unveil a roadmap aimed at further deepening their cooperation within the agricultural sector early in 2026.
Moreover, a Ukrainian government delegation will travel to Israel in two weeks to meet the Joint Ukrainian-Israeli Commission on Trade and Economic Cooperation for the first time since 2021. The discussions will touch agricultural collaboration, economic initiatives, and artificial intelligence technologies.
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.

Source Link

As South Korea’s state-run trade promotion agency said, a new office has been opened on Sunday in Georgia to help Korean companies tap opportunities in the emerging Caucasus region.
It is the Korea Trade-Investment Promotion Agency’s first trade outpost in Georgia and its 130th overseas office. The office will be KOTRA’s strategic foothold in the Caucasus region (Georgia, Armenia and Azerbaijan) and a logistics and trade gateway between Europe and Asia.
Nearly 150 officials and business leaders from both countries, including KOTRA President Kang Kyung-sung, Georgian Deputy Minister of Economy and Sustainable Development Tamar Ioseliani, Georgian Deputy Foreign Minister Aleksandre Khvtisiashvili, Georgian Chamber of Commerce and Industry Vice Chair Magda Bolotashvili and South Korean Ambassador to Georgia Kim Hyon-du attended the launch ceremony on Friday.
As KOTRA said, the Tbilisi office will play a key role in exploring Global South markets and advancing Korea’s export diversification strategy.
Last year the countries signed an Economic Partnership Agreement that will eliminate more than 90 percent of tariffs within 10 years, including those on Korea’s top export item to Georgia (automobiles) and consumer goods such as food and beauty products.
Also, KOTRA and the Georgian Chamber of Commerce and Industry signed a memorandum of understanding to strengthen information sharing and partnership with local companies.
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.

Source Link

A proposal to extend trade preferences for certain agricultural products from Western Balkan countries until 2030, with the aim of ensuring the sustainable economic development of partners from the region, will be the subject of voting in the European Parliament tomorrow.
The existing regulation of the European Parliament and the Council of the EU, valid until 31 December, exempts fruit and vegetables exported from Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia from specific customs duties, and grants access to the global customs quota for wine originating from the Western Balkans.
According to the European Commission, it is necessary to support the vulnerable economies of the Western Balkans region. It also recommends further extension of the application of the Regulation on exceptional trade measures for countries and territories participating in or associated with the Stabilization and Association Process for a further five years, until 31 December 2030.
Also, the report by rapporteur Kris Van Dijk on the proposed amendment to the regulation was adopted by the Committee on International Trade in October, with the recommendation to the European Parliament to approve the proposal.
As the European Parliament’s website stated, the extension of these measures aligns with the EU Growth Plan for the Western Balkans and entails closer integration of the region into the EU’s single market.
Also, the countries must comply with the definition of products of origin, commit not to increase tariffs or restrictions on goods imported from the EU, and refrain from “engaging in serious and systemic violations of human rights, including fundamental workers’ rights, and respect the principles of democracy and the rule of law of the region to benefit from these preferences.
Other necessary factors are economic reforms and cooperation with other countries, particularly in establishing a regional free trade area.
If a country fails to meet its obligations, it will face a full or partial suspension of trade preferences.
In 2024, the volume of trade between the EU and Western Balkan countries overpassed 83 billion euros. Almost 78 per cent of the region’s total exports and 59 per cent of its imports make the European Union the leading trading partner of the region.
Van Dijk justifies the proposal, saying that these measures covered trade that increased by more than 125 per cent between 2018 and 2024, from 60.5 million euros to 137 million euros.
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.

Source Link

According to the Chamber of Commerce and Industry of Serbia, the Representative Office of the Chinese Chamber of Commerce, which brings together more than 300,000 companies, will appear in Belgrade soon.
The President of the Chinese Chamber of Commerce, Ren Hongbin, informed the President of the Serbian Chamber of Commerce, Marko Čadež at a meeting in Beijing about the beginning of the formal procedure for establishing the representative office of this business association in Serbia.
As Čadež said after the meeting with Hongbin, with whom he opened the major Belt and Road forum, the arrival of the Chinese Chamber of Commerce opens up enormous opportunities for cooperation between the two countries’ economies.
According to him, Serbia should be a “smart crossroads” in the new chapter of the Belt and Road initiative, and a major regional hub for innovative start-ups and IT companies.
Čadež said that they discussed elevating the Belt and Road initiative to a higher level, looking at how we can integrate more deeply when it comes to the green economy, sustainability and, above all, digitalization. It is a great honour for Serbia that China has recognized its potential to serve as a kind of smart crossroads.
Another honourable invitation was to open the conference in China together with the President of the Chinese Chamber of Commerce.
Other issues aimed at strengthening cooperation, including China’s participation in the specialized EXPO 2027 exhibition in Belgrade, were also discussed by Čadež and Hongbin.
Hongbin takes a direct responsibility for China’s participation in this exhibition. The Chinese pavilion is expected to be one of the most impressive.
Čadež said that he would return to China in three weeks to discuss the Land and Sea International Trade Corridor. Serbia founded it together with 18 other countries and initiated its digitalization. The countries also agreed to coordinate all digital cooperation between institutes, accelerators and start-up systems from Serbia.
More than 800 local and industrial associations across the country, as well as representative offices at the EU headquarters in Brussels, and in Italy, France, Poland and Russia, form a network of the Chinese Chamber of Commerce.
Around 30,000 employees work for Chinese companies in Serbia.
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.

Source Link

Since 28 October, Kyiv has moved closer to joining the single market due to the revision of the DCFTA—the deep and comprehensive free trade agreement. It has lowered quotas and tariffs on several goods, but required the gradual alignment of agricultural production standards with those of the EU. Nevertheless, the European Commission has put in place safeguard mechanisms to protect European agricultural markets and supply chains.
Originally, the DCFTA entered into force in 2016. Since 2014, they have considered it as one of the pillars of the EU-Ukraine Association Agreement. Later, in 2022, an interim framework known as ATM, the “Autonomous Trade Measures“, replaced it, suspending pre-existing tariffs and barriers on Ukrainian agricultural exports to the EU and temporarily opening the single market to Kyiv for grains, corn, eggs, poultry, sugar, dairy products, and more.
They renewed the exceptional measures for three years, until June 2025. There are three pillars of the agreement: increased trade flows, alignment of production standards, and a “robust” safeguard clause. Brussels was aimed at striking a balance between further trade liberalization, providing Ukraine with the necessary support and protecting certain agricultural sectors in the Union.
Compared to the original agreement, the increases will remain “modest” for the most sensitive products (sugar, poultry, eggs, wheat, maize, and honey).
Ukrainian goods will access more easily to the single market if Ukraine gradually aligns with EU production standards (animal welfare, the use of pesticides, and veterinary medicines).
Also, the DCFTA has designed safeguard mechanisms to protect European markets, in case of severe disruptions at the EU or national level.
Generally, Brussels assures that it has carefully calibrated “the concessions of additional preferential access to the Ukrainian market and has put in place the necessary safeguards, in particular for farmers in Kyiv’s neighboring countries.”
The 27 member states accepted the terms of the new agreement on 13 October. Nevertheless, Hungary, Poland and Slovakia introduced national bans on the import of certain agricultural products from Ukraine last spring. According to Hungarian Minister of Agriculture István Nagy, Budapest will maintain the ban, despite the DCFTA entering into force.
European Commission didn’t comment on the Orban government’s stance, trying to avoid speaking about this dangerous precedent. It is also lobbying capitals (particularly Paris) to approve another, much more ambitious free trade agreement with the Mercosur countries.
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.

Source Link