Georgia’s external merchandise trade turnover amounted to $3.5 billion in the period from January through February 2026, marking a 6.9% decrease year-on-year. Data obtained by Trend from the country’s National Statistics Office shows that exports increased by 22.9% to $1.03 billion, while imports declined by 15.4% to $2.5 billion. Consequently, the country’s trade deficit stood … Read more
Chairman of the Committee for Investments of the Ministry of Foreign Affairs Gabidulla Ospankulov met with Georgian Ambassador to Kazakhstan Levan Diasamidze, Qazinform News Agency reports. During the meeting, the two sides discussed prospects for strengthening bilateral cooperation in the agro-industrial sector, logistics, and tourism, according to the press service of the Kazakh MFA. They … Read more
A Georgia–Japan Business Forum was held in Tbilisi to promote stronger economic cooperation between the two countries. The event, titled “Japanese Business in Georgia – A Bridge to the Middle Corridor,” was organized in partnership with TBC Capital. The forum was organized by the Embassy of Japan in Georgia, the Georgia–Japan Business Association, and the … Read more
Georgia has cancelled international tenders for the construction of major road sections that form part of a regional highway linking the country with the borders of Armenia and Azerbaijan. The Georgian Roads Department said tenders announced in August 2024 for the Rustavi–Tsiteli Bridge and the Algeti–Sadakhlo road section were cancelled due to low competition among … Read more
Trade turnover between Azerbaijan and Georgia totaled $77.9 million in January 2026, 6.5% higher compared to the same period last year, according to data from the State Customs Committee of Azerbaijan, Report informs. During the reporting month, trade with Georgia accounted for 2.2% of Azerbaijan’s total trade turnover. Over the year, Azerbaijan’s exports to Georgia … Read more
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.
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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
On March 12–13, Expo Georgia will host the International Transport and Logistics Exhibition and Forum in Tbilisi. Supported by TBC, the event will be held for the second time. The conference is organized by Expo Georgia and consulting company Savvy. The main objective of the international exhibition and forum is to support and develop a … Read more
The EU has proposed sanctioning ports in Georgia and Indonesia over their role in handling Russian oil, according to a document seen by Reuters. The European Union has put forward a proposal to broaden its sanctions regime against Russia by targeting ports in Georgia and Indonesia that facilitate the handling of Russian oil, according to … Read more
In an interview with the South Korean publication The Korea Herald, Nikoloz Samkharadze, Chairman of the Foreign Relations Committee of the Georgian Parliament, announced the upcoming signing of a Comprehensive Economic Partnership Agreement (CEPA) between the two countries. Samkharadze confirmed that an agreement on the Georgia-Korea CEPA has been reached and legal teams are currently … Read more