From 2017 to 2023, Georgia’s total beverage exports grew at a CAGR of 10%, reaching USD 463 million in 2023. SME exports also increased, though at a lower CAGR of 6%, meaning SMEs’ share in total exports declined over time. Despite overall export growth, the share of exports to the EU declined significantly during this … Read more
In January-March 2025 the exports of Georgia (excluding non-declared exports) equaled USD 1 401.2 million, 5.7 percent higher year-on-year. Share of the domestic exports in total exports constituted 45.8 percent and amounted to USD 641.8 million, 0.1 percent lower to the same period of 2024. In January-March 2025 the share of the top ten trading … Read more
In January-March 2025 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 5 618.6 million, 16.1 percent higher year-on-year. The exports equaled 1 401.2 million (5.7 percent higher), while the imports stood at USD 4 217.4 million (20.1 percent higher). The negative trade balance was USD 2 816.2 million in January-March 2025 … Read more
Relations between Azerbaijan and Georgia have long transcended the typical framework of neighborly cooperation. They stand today as a model of strategic partnership, bound by deep-rooted historical ties, mutual respect, and shared visions for the South Caucasus. The recent official visit of Georgian President Mikheil Kavelashvili to Baku—his first foreign trip since taking office—underscored the … Read more
The US has imposed a 10% tax on goods imported from Armenia, Azerbaijan, and Georgia as part of sweeping new tariffs on almost every country in the world. It came as part of US President Donald Trump’s proclaimed ‘liberation day’, during which he unveiled tariffs of between 10% and 50% on goods imported into the … Read more
The National Statistics Service of Georgia (Geostat) published preliminary data indicating that in January -February 2025, Georgia’s foreign trade increased by 15.6% year-on-year, totaling USD 3,567.6 million. In the same period, exports increased by 4% to USD 835.4 million, while imports grew by 19.6% to USD 2,732.2 million. As a result, the country’s negative trade … Read more
Imports of electric vehicles are at their peak. According to the National Statistics Office, in January-February this year, 927 units (16.388 million USD) of electric vehicles were imported into the country that is record high compared to previous years. In addition, about a 100% increase was recorded compared to the same period of 2024. For … Read more
In January-February 2025 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 3 567.6 million, 15.6 percent higher year-on-year. The exports equaled 835.4 million (4.0 percent higher), while the imports stood at USD 2 732.2 million (19.6 percent higher). The negative trade balance was USD 1 896.9 million in January-February 2025 and … Read more
In January-February 2025 the exports of Georgia (excluding non-declared exports) equaled USD 835.4 million, 4.0 percent higher year-on-year. Share of the domestic exports in total exports constituted 46.5 percent and amounted to USD 388.5 million, 1.3 percent lower to the same period of 2024. In January-February 2025 the share of the top ten trading partners … Read more
On 24 December 2024, the findings of PMCG’s “Facilitating Trade with Central Asia: Georgia’s Role as a Transit Corridor” policy paper were presented at an event hosted by the Kazakh-Georgian Economic Union. During proceedings, the founder of the Union, Giorgi Jakhutashvili, guided attendees through the comprehensive document, which offers informed insights into the prospects and … Read more