Country intelligence · GEO · 2024

Georgia trade profile

In 2024, Georgia recorded $4.3B in merchandise exports and $15.9B in imports, producing a $11.5B trade deficit. Exports changed +3.8% from the previous year, while imports changed +15.2%.[1]

Exports

$4.3B

+3.8%

Imports

$15.9B

+15.2%

Trade balance

-$11.5B

deficit

Active partners

270

44 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$4.3B$15.9B-$11.5B+3.8%
2023$4.2B$13.8B-$9.6B-19.7%
2022$5.2B$13.6B-$8.4B+33.0%
2021$3.9B$9.7B-$5.8B+31.6%
2020$3.0B$7.8B-$4.8B-1.0%
2019$3.0B$9.3B-$6.3B+11.6%
2018$2.7B$8.9B-$6.2B+5.3%
2017$2.5B$7.9B-$5.4B+25.6%
2016$2.0B$7.4B-$5.4B-11.8%
2015$2.3B$7.5B-$5.2B-21.4%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 22 · HS chapter

24 active HS6 lines · 102 export partners

$835.6M
2

HS 87 · Vehicles

87 active HS6 lines · 113 export partners

$525.1M
3

HS 72 · HS chapter

143 active HS6 lines · 52 export partners

$336.7M
4

HS 26 · HS chapter

17 active HS6 lines · 19 export partners

$305.7M
5

HS 27 · Mineral fuels and oils

36 active HS6 lines · 55 export partners

$284.4M
6

HS 08 · HS chapter

66 active HS6 lines · 79 export partners

$217.9M
7

HS 61 · HS chapter

106 active HS6 lines · 112 export partners

$196.4M
8

HS 31 · HS chapter

24 active HS6 lines · 41 export partners

$164.6M

Leading export markets

Destinations rank bilateral export flows from Georgia; growth describes each corridor rather than the whole economy.

1

Russia

Annual change +9.1% · 3-year CAGR 7.0%

$681.4M
2

Türkiye

Annual change -13.7% · 3-year CAGR 8.2%

$511.9M
3

Kyrgyzstan

Annual change +95.0% · 3-year CAGR 128.6%

$258.9M
4

China

Annual change +49.0% · 3-year CAGR -12.7%

$224.2M
5

Armenia

Annual change +14.8% · 3-year CAGR 17.5%

$223.7M
6

Iran

Annual change +7.8% · 3-year CAGR 13.2%

$203.6M
7

Kazakhstan

Annual change -6.5% · 3-year CAGR 61.4%

$197.2M
8

Uzbekistan

Annual change +38.2% · 3-year CAGR 27.3%

$177.5M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.