Georgia’s Foreign Trade Falls 6.9% in January-February 2026

2026-03-19 - 10:01

Georgia’s external merchandise trade, excluding non-declared trade, totaled USD 3.51 billion in January-February 2026, marking a 6.9% year-on-year decrease, according to preliminary data released by the National Statistics Office of Georgia (Geostat) on March 19. Exports increased by 22.9% to USD 1 billion, while imports declined by 15.4% to USD 2.48 billion. The trade deficit stood at USD 1.45 billion, accounting for 41.5% of total external trade turnover. China remained Georgia’s largest export destination during the reporting period, with exports totaling USD 147.1 million, followed by Kyrgyzstan with USD 105.9 million, and Azerbaijan with USD 95.1 million. The top ten export destinations accounted for 72.1% of Georgia’s total exports. Motor cars remained the leading export commodity, totaling USD 216.3 million and making up 21.1% of total exports. Precious metal ores and concentrates followed with USD 125.6 million (12.2%), while petroleum and petroleum oils ranked third at USD 93.3 million (9.1%). On the import side, Turkey remained Georgia’s largest trading partner, with imports totaling USD 415.6 million. Russia followed with (USD 326.3 million) and China (USD 310.7 million). The top ten import partners accounted for 69.1% of total imports. Motor cars also topped the list of imported commodities, generating USD 332.7 million (13.4%). Petroleum and petroleum oils followed at USD 209 million (8.4%), while petroleum gases and other gaseous hydrocarbons ranked third at USD 134.7 million, accounting for 5.4% of total imports. Also Read: 11/03/2026 – Geostat: FDI Reaches USD 1.7 Billion in 2025, Up 7.6% 02/03/2026 – Georgia’s GDP Up by 7.9% in January 2026 19/02/2026 – Georgia’s Foreign Trade Falls 24% in January 2026