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.
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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Post-war economic cooperation between the two countries could become an important factor in the development of the entire region Trade between Ukraine and Poland is showing steady growth despite periodic disagreements. In 2025, Ukrainian exports to Poland increased by 7.5% to $5.1 billion, while imports from Poland increased by 15% to $8 billion. Poland has … Read more
President of Serbia Aleksandar Vučić will pay an official visit to Kazakhstan on Feb. 26-27 at the invitation of President Kassym-Jomart Tokayev. During the visit, the two Presidents will hold full-format high-level talks, reported Akorda. The Presidents are expected to discuss the current state and future prospects of Kazakh-Serbian relations, with a focus on strengthening … Read more
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
The International Transport and Logistics Exhibition and Forum will take place on March 12–13 in Expo Georgia in Tbilisi. It will be the second time the event takes place, with the support of TBC. Expo Georgia and consulting company Savvy organize the conference.
Support and development of a strategically important sector of the economy is the main objective of the international exhibition and forum. Local and international logistics companies, representatives of ports and railway operators, air carriers, investment and financial institutions, as well as import–export-oriented businesses will gether at the event.
Such key industry topics as the strategic importance of the Middle Corridor, development of the Zangezur route, sector challenges, investment attraction opportunities, and the dynamics of digital logistics development will be discussed during the two-day forum by participants.
Evidently, one of the strategic pillars of Georgia’s economy is the logistics sector. The reason is the country’s geographic location positions that link Europe and Asia. They increase Georgia’s transit potential and directly contribute to its economic activity. More than 6% of GDP account for the sector that showed stable growth in recent years.
Giorgi Darchiashvili, Director of Corporate Clients Services (Large and Medium Business) at TBC , acknowledges that logistics is a strategically important direction for TBC. He explains that the sector strengthens Georgia’s role in regional trade by uniting businesses involved in exports, as well as by supporting imports. Holding such events like this forum creates a platform for dialogue, knowledge sharing, and new partnerships, contributing to the sector’s sustainable long-term development. As a financial partner, TBC actively supports infrastructure projects, business expansion of its clients, and the implementation of modern technologies. This led to the growth of TBC’s logistics sector portfolio by 74% over the past three years and reaching GEL 436 million.
Georgia’s logistics sector has been demonstrating a steady development in recent years. So, its strategic importance for the country increases. This was the main motivation for launching the first exhibition and forum last year, which was highly successful. This year’s event is going to overcome the first one.
According to Resan Kikava, Director of Expo Georgia Today, it has already become an annual event and one of the most important industry platforms, bringing together local and international companies, investors, and industry professionals to share experience and jointly contribute to the development of the logistics sector in Georgia and across the wider region.
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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President Aleksandar Vucic stated that cooperation between Serbia and Azerbaijan is growing in all spheres of social life, adding that he discussed economic cooperation with Ilham Aliyev and that, compared to 2012, trade exchange between the two countries has increased sixteenfold. “Not 16 percent – you heard me correctly – 16 times higher than it … 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
A document seen by Reuters reports that the EU has proposed sanctioning ports in Georgia and Indonesia over their role in handling Russian oil.
Moreover, a proposal to broaden the European Union’s sanctions regime against Russia has been put forward. As a result, ports in Georgia and Indonesia that facilitate the handling of Russian oil became targets.
In case of adoption, it will be the first case of blocking ports located in third countries.
Effectively, the proposal will add the Georgian port of Kulevi and Indonesia’s Karimun terminal to the EU’s sanctions list, prohibiting EU-based companies and individuals from engaging in any commercial dealings with either facility.
In general, these measures are part of the EU’s 20th package of sanctions against Russia.
The European External Action Service (EEAS) and the European Commission jointly prepared the package and formally presented it to EU member states on Monday.
As European Commission President Ursula von der Leyen said on Friday, the package would introduce sweeping sectoral restrictions and replace the Group of Seven’s price cap on Russian crude with a comprehensive ban on maritime services linked to Russian oil.
As Reuters reported earlier, Russia began shipping oil to Georgia’s Kulevi refinery shortly after the facility opened in October 2025.
According to LSEG and a trader, the outlet reported that the tanker Kayseri transported 105,340 metric tons of Siberian Light crude from Russia’s Black Sea port of Novorossiisk to the Kulevi Oil Terminal on Oct. 6.
Meanwhile, Georgia’s reliance on Russian energy imports remains heavy. Nearly $520 million worth of petroleum and petroleum oils were imported by the country from Russia in 2024, what equaled to roughly 40% of its total imports in that category.
Volumes rising sharply from late 2024 onward made Indonesia’s Karimun terminal, situated within a free trade zone near Singapore, a key transit point for Russian oil products.
According to ship-tracking data, since October of that year, the terminal has received Russian oil products every month. Also, onward shipments were sent to Malaysia, Singapore, and China.
In total, Karimun accepted about 217,000 metric tons (equivalent to roughly 1.6 million barrels) of Russian diesel in 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.
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Ukraine’s trade turnover for January 2026 amounted to USD 9.9 billion, of which USD 6.7 billion was imports and USD 3.2 billion was exports. This was reported by the press service of the State Customs Service of Ukraine. “During January 2026, Ukraine imported goods worth USD 6.7 billion and exported goods worth USD 3.2 billion. … Read more