Talks on signing free trade agreement between Serbia and Georgia

According to the trade ministry in Belgrade, Serbia and Georgia launched negotiations about a bilateral free trade agreement (FTA) on Monday.
Serbia’s trade minister Jagoda Lazarevic and Georgia’s minister of economy and sustainable development Mariam Kvrivishvili signed a joint statement for the conclusion of a free trade agreement, expecting to conclude the FTA
by the end of 2026.
As data from Serbia’s chamber of commerce showed, the worth of products that Serbia exported to Georgia in 2024 was about 10 million euro ($11.8 million). These were cigarettes, paper and paperboard, and tyres for passenger cars. Meanwhile, the worth of importing products (lubricating oils, machines) attained 1.7 million euro.
The trade ministry reports that Serbia currently has free trade agreements with China, the EU, Egypt, Turkey, the Eurasian Economic Union, Great Britain, CEFTA, and EFTA countries. Also, the first round of talks on a Comprehensive Economic Partnership Agreement (CEPA) between Serbia and South Korea has been concluded this month. Moreover, Belgrade signed a similar agreement with the United Arab Emirates (UAE) in 2024.
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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Georgia’s strong export growth is recorded in November 2025

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.

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The volume of Ukraine’s trade turnover reached $112.2 billion in January-November

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.

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Ukraine’s trade turnover in January-November amounted to $112.2 billion

During this period, goods worth $75.4 billion were imported into Ukraine, while exports amounted to $36.8 billion Ukraine’s trade turnover for January-November 2025 amounted to $112.2 billion, according to data from the State Customs Service. During this period, goods worth $75.4 billion were imported into Ukraine, while exports amounted to $36.8 billion. At the same … Read more

Israel to open economic mission in Serbia in 2026 – report

Israel will open an economic mission in Serbia’s capital Belgrade in 2026 as it looks to strengthen its exports, Israeli media reported. Israel will open an economic mission in Serbia’s capital Belgrade in 2026 as it looks to strengthen its exports, Israeli media reported. Apart from Belgrade, Israel will also launch economic representations in Addis … Read more

Georgia records strong export growth in November 2025

Preliminary data released by the National Statistics Office (Geostat) shows that Georgia’s exports recorded strong growth in November 2025, rising by 44% year-on-year to reach $782 million. At the same time, imports showed a slight decline. In November, Georgia imported goods worth $1.45 billion, a decrease of 1.4% compared to the same month last year. … Read more

Georgia is planning to invest $7 Billion in Transport and Infrastructure

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.

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