GEORGIA

Geostat reports that Georgia’s foreign trade turnover reached $1.609bn in January 2026. It is a 23.6% decline compared with the same period last year. Exports increased by 19% year on year and reached $480.4m. The downfall of imports was 33.7% to $1.129bn. This caused the country’s foreign trade negative balance ($649.1m).
The ten largest trading partners accounted for 67.9% of Georgia’s total foreign trade turnover. The country’s biggest partners were Turkey ($247.1m), China ($223.3m), and Russia ($195.4m). Notably, the United States have lost their place among Georgia’s top three trading partners.
China ($66.1m), Turkey ($52.1m), and Kyrgyzstan ($49.9m) were the top three leading export destinations (74.5% of total exports).
46.7% of exports was accounted for CIS countries, 16.1% for European Union member states and 37.2% for other countries.
Passenger cars ($100.7m, or 21% of total exports), oil and petroleum products ($58.7m, or 12.2%), and precious metal ores ($51.0m, or 10.6%) were the leading export goods.
Turkey ($195m), China ($157.3m), and Russia ($156.8m) were among the ten largest partners (71.4% of imports).
23.4% of imports was accounted for the European Union, 23.3% for CIS countries, and 53.3% for other countries. The largest share of imports was represented by passenger cars ($150.0m, 13.3%). Then followed oil and petroleum products ($96.7m, 8.6%) and petroleum gas ($79.1m, 7%).
According to economist Roman Gotsiridze, Georgia has become embroiled in a major scandal. The question is that a country with no operating oil refinery exported $56m worth of refined petroleum products in January 2026.
In 2025, 151,700 tonnes of refined fuel worth $79.5m were exported from Georgia, mainly in November and December. Meanwhile, in October 2025 Georgia imported 105 tonnes of Russian crude oil to the Kulevi refinery, which is still under construction and has not been put under operation yet.
Experts suggest some explanations. The first supposition is that Russian diesel fuel or petrol may have been imported and then exported as Georgian product instead of crude oil. The second explanation is that Georgia may have imported semi-processed diesel fuel recorded as crude oil. Then, they added a small amount of other substances to “adjust” its quality through additives.
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 Geostat, Georgia’s foreign trade turnover in January 2026 totalled $1.609bn, down 23.6% compared with the same period last year. Exports reached $480.4m, an increase of 19% year on year, while imports fell by 33.7% to $1.129bn. As a result, the country’s foreign trade balance remained negative, at $649.1m. The ten largest trading partners … Read more

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Georgia recorded strong foreign trade performance in 2025, with exports exceeding USD 6.6 billion in the first eleven months of the year, said Genadi Arveladze, Deputy Minister of Economy and Sustainable Development. He noted that exports grew by more than 10% year-on-year during the reporting period and surpassed the total export volume of the previous … Read more

Georgia has signed free trade agreements with 46 countries and one administrative entity, granting preferential access to about 87% of the country’s exports, according to Deputy Minister of Economy Genadi Arveladze. Existing agreements include major partners such as the European Union, China, Hong Kong and the United Arab Emirates, giving Georgian producers access to a … Read more