Georgia’s trade deficit narrowed to USD 895.3 million in March 2026 from USD 957.9 million a year earlier. Exports rose 24% year-on-year to USD 697 million, while imports increased at a slower pace of 4.7% to USD 1,592.3 million. In the first two months of the year, the trade gap also narrowed to USD 2,419.5 million from USD 3,060.6 million. During this period, exports rose 23.4% to USD 1,723.7 million, driven by stronger shipments to China (278.1%), Russia (12.1%), and Turkey (90.5%). By product, exports surged in oil and oil products (698.3%), precious metal ores and concentrates (220.9%), and ferroalloys (93.8%). Meanwhile, imports declined 7.1% to USD 4,143.2 million, dragged by lower purchases from the US (-42.4%) and Germany (-13.4%), as well as reduced imports of passenger cars (-26.1%) and other goods (-13.1%). source: National Statistics Office of Georgia

Georgia recorded a trade deficit of 895.30 USD Million in March of 2026. Balance of Trade in Georgia averaged -338.28 USD Million from 1995 until 2026, reaching an all time high of -6.30 USD Million in April of 1995 and a record low of -1300.50 USD Million in January of 2025. This page provides the latest reported value for - Georgia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Georgia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

Georgia recorded a trade deficit of 895.30 USD Million in March of 2026. Balance of Trade in Georgia is expected to be -1150.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-19 07:00 AM
Balance of Trade
Feb $-790.6M $-668.4M $-910.0M
2026-04-20 07:00 AM
Balance of Trade
Mar $-895.3M $-815.9M $ -1150M
2026-05-19 07:00 AM
Balance of Trade
Apr $-895.3M


Related Last Previous Unit Reference
Balance of Trade -895.30 -815.90 USD Million Mar 2026
Capital Flows -428.62 440.26 USD Million Dec 2025
Current Account -487.11 337.98 USD Million Dec 2025
Current Account to GDP -4.40 -5.60 percent of GDP Dec 2024
Exports 697.00 546.30 USD Million Mar 2026
External Debt 26860.27 27212.10 USD Million Dec 2025
Foreign Direct Investment 391.70 533.20 USD Million Dec 2025
Imports 1592.30 1362.20 USD Million Mar 2026
Remittances 957587.40 976328.70 USD Thousands Dec 2025


Georgia Balance of Trade
Georgia's increasing trade deficits are a by-product of Russia's trade embargo. Georgia has failed to diversify its exports and relies heavily on agriculture and low value added resource exploration. Georgia's main imports are oil, motor cars, pharmaceutical products, wheat and meslin, sugar and electrical equipment. Georgia's main trading partners are Turkey, Azerbaijan, Ukraine, Germany, Russia, the United States and Bulgaria.
Actual Previous Highest Lowest Dates Unit Frequency
-895.30 -815.90 -6.30 -1300.50 1995 - 2026 USD Million Monthly

News Stream
Georgia Trade Deficit Narrows in March
Georgia’s trade deficit narrowed to USD 895.3 million in March 2026 from USD 957.9 million a year earlier. Exports rose 24% year-on-year to USD 697 million, while imports increased at a slower pace of 4.7% to USD 1,592.3 million. In the first two months of the year, the trade gap also narrowed to USD 2,419.5 million from USD 3,060.6 million. During this period, exports rose 23.4% to USD 1,723.7 million, driven by stronger shipments to China (278.1%), Russia (12.1%), and Turkey (90.5%). By product, exports surged in oil and oil products (698.3%), precious metal ores and concentrates (220.9%), and ferroalloys (93.8%). Meanwhile, imports declined 7.1% to USD 4,143.2 million, dragged by lower purchases from the US (-42.4%) and Germany (-13.4%), as well as reduced imports of passenger cars (-26.1%) and other goods (-13.1%).
2026-04-20
Georgia Trade Deficit Widens in February
Georgia’s trade deficit widened to USD 790.6 million in February 2026 from USD 802.1 million in the corresponding month a year earlier. Exports climbed 26.6% year-on-year to USD 546.3 million, while imports grew at a slower pace of 8.4% to USD 1,336.9 million. Meanwhile, in the first two months of the year, the trade deficit narrowed to USD 1,459 million from USD 2,102.6 million. Exports rose 22.9% to USD 1,026 million, supported by stronger sales to China (289.1%), Turkey (80.9%), and Russia (28%). By product category, shipments rose sharply in oil and petroleum products (479.5%), precious metal ores and concentrates (216.8%), concentrates (116.8%), and ferroalloys (93.3%). On the other hand, imports declined 15.4% to USD 2,485.7 million, mainly due to reduced purchases from the USA (-55.9%), Germany (-29.5%), and Russia (-5.4%). Imports fell for passenger cars (-37.1%) and petroleum gases and other gaseous hydrocarbons (-7.4%).
2026-03-19
Georgia Posts Smallest Trade Deficit in Almost 3 Years
Georgia’s trade deficit narrowed sharply to USD 649.1 million in January 2026 from USD 1,300 million in the corresponding month a year earlier, marking the smallest shortfall since February 2023. Exports climbed 19% year-on-year to USD 480.4 million, led by sales to China (USD 66,056 million), followed by Turkey (USD 52,121.2 million), and Kyrgyzstan (USD 49,938.5 million). Meanwhile, imports slumped 33.7% to USD 1,129.5 million, with the largest purchases coming from Turkey (USD 194,984.2 million), China (USD 157,257.8 million), and Russia (USD 156,819.1 million).
2026-02-19