Georgia’s external merchandise trade (excluding non-declared trade) rose up by 16.5 percent in January-September 2023 compared to the same period of 2022 and reached USD 15 910.8 million. The growth of exports equaled to 12.7 percent (USD 4 607.4 million), while the imports increased by 18.2 percent (USD 11 303.4 million). The share of the negative trade balance in external trade turnover during the reporting period constituted 42.1 percent (USD 6 696.0 million).
The top ten trading partners by exports (Azerbaijan (USD 632.7 million), Armenia (USD 601.5 million) and Russia (USD 511.8 million) had the share of 80.5 percent in the total exports of Georgia during the reporting period.
The top ten trading partners by imports (Türkiye (USD 1 861.2 million), USA (USD 1 399.4 million) and Russia (USD 1 364.3 million) had the share of 70.8 percent in the total imports of Georgia in January-September 2023.
The top ten trading partners of Georgia in the total external trade turnover (Türkiye (USD 2 195.8 million), Russia (USD 1 876.0 million) and USA (USD 1 471.8 million) had the share of 68.8 percent in the total external trade turnover in January-September 2023.
The first place in the list of top export items was claimed by motor cars (USD 1 566.1 million and 34.0 percent of total exports) during the reporting period. The share of the exports of copper ores and concentrates in the total exports amounted to 9.5 percent (totally USD 438.1 million). The third place was occupied by the exports of wine of fresh grapes (USD 193.5 million, 4.2 percent of the total exports).
Motor cars were the top import commodities in January-September 2023 (USD 2 282.5 million, 20.2 percent of the total imports), followed by the petroleum and petroleum oils in (USD 816.4 million, 7.2 percent of imports). The third place in the top import commodity list was occupied by the medicaments put up in measured doses (USD 392.4 million, 3.5 percent of imports).
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