Georgia

Georgia

Global Trade Profile • Rank #118 Exporter

$6.66B

Total Exports (2023)

$16.32B

Total Imports (2023)

$9.67B

Trade Deficit

#118

Export Ranking

Trade Flow Visualization

Interactive map showing Georgia's top trading partners. Green lines represent exports, red lines represent imports.

#118

Export Rank

$6.66B

Total Exports

$16.32B

Total Imports

-$9.67B

Trade Balance

26

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Vehicles: with only spark-ignition internal combus...
13.5%$897.87M
#2Copper ores and concentrates
7.7%$515.15M
#3Vehicles: with only spark-ignition internal combus...
6.6%$440.95M
#4Vehicles: with only compression-ignition internal ...
5.3%$350.93M
#5Wine: still, in containers holding 2 litres or les...
3.8%$253.59M
#6Ferro-alloys: ferro-silico-manganese
2.8%$185.63M
#7Vehicles: with both spark-ignition internal combus...
2.5%$167.60M
#8Fertilizers, mineral or chemical: nitrogenous, amm...
2.4%$159.81M
#9Electrical energy
2.4%$157.57M
#10Spirits obtained by distilling grape wine or grape...
2.4%$156.65M

📥 Top Import Sources

Top Import Products

#1Vehicles: with only spark-ignition internal combus...
9.0%$1.47B
#2Petroleum oils and oils from bituminous minerals, ...
7.1%$1.17B
#3Vehicles: with only spark-ignition internal combus...
4.0%$650.92M
#4Medicaments: consisting of mixed or unmixed produc...
2.9%$470.71M
#5Vehicles: with both spark-ignition internal combus...
2.7%$442.11M
#6Petroleum gases and other gaseous hydrocarbons: in...
2.6%$431.79M
#7Vehicles: with only compression-ignition internal ...
1.9%$315.27M
#8Telephones for cellular networks or for other wire...
1.7%$285.27M
#9Copper ores and concentrates
1.4%$236.68M
#10Vehicles: with only spark-ignition internal combus...
1.2%$191.90M

📈 Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

📈

Trend Direction

Georgia Trade Analysis 2023

📊 Overview

#118
Global Export Rank
22.98B
Total Trade Volume
0.11%
Share of Global Trade

Georgia stands as the world's #118 largest exporter and #98 largest importer, demonstrating emerging market dynamics.

The trade profile reveals a deficit of 9.67 billion, reflecting import dependencies for growth.

⚠️
Trade deficit of 59.2% of imports requires careful management of external financing.
6.66B
Total Exports
16.32B
Total Imports
0.41
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $1.92B, generating continuous economic activity across logistics, finance, and trade services.

🚢 Export Markets

Azerbaijan
Armenia
Kyrgyzstan
Kazakhstan
Russian Federation
Others

Export Market Concentration

12.7%$843.78M
11.7%$778.71M
10.4%$692.41M
10.0%$667.86M
9.9%$657.03M
7.3%$483.26M
4.7%$315.31M
13 others
21.2%$1.41B

Export concentration shows Azerbaijan as the dominant market at 12.7%. The top three markets control 34.8% of exports.

54.7%
Top 5 Markets
75.9%
Top 10 Markets
20
Total Partners

Regional patterns reveal globally balanced access. Secondary markets (Türkiye, Bulgaria, China) provide $1.41B in additional trade.

📦 Import Sources

Import Source Concentration

15.9%
$2.60B
12.7%$2.08B
8.1%$1.33B
6.0%$972.80M
4.0%$658.20M
3.8%$615.97M
13 others
22.2%$3.62B

Georgia relies heavily on Türkiye for imports (15.9%),maintaining balanced sourcing.

Energy suppliers including United Arab Emirates (405.52M) collectively provide 405.52 million or 2.5% of imports, highlighting the economy's dependence on imported energy resources.

Manufacturing inputs come primarily from China, reflecting deep integration into Asian production networks. China's dominant position at 1.33 billion encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The USA provides 2.08 billion (12.7%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 68.2% of total imports, with the remaining 32% distributed among 10 other suppliers.

Regional sourcing patterns reveal diversified global sourcing. European suppliers including Germany (972.80M), Italy (386.07M), Netherlands (284.18M) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with emerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

📦 Product Composition

🚀 Export Products

Top Export Products

with only spark-ignition internal combustion recip...
13.5%$897.87M
Copper ores and concentrates
7.7%$515.15M
with only spark-ignition internal combustion recip...
6.6%$440.95M
with only compression-ignition internal combustion...
5.3%$350.93M
still, in containers holding 2 litres or less...
3.8%$253.59M
3 others
7.7%$513.05M

Georgia's export economy centers on automotive manufacturing, with the leading export being with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000ccat $897.87 million, accounting for 13.5% of total exports.

Vehicle-related products including passenger cars, hybrid vehicles, electric vehicles, and automotive parts total approximately 1.97 billion or 29.6% of exports, encompassing 5 distinct product categories.

The automotive sector's dominance is evident in the export portfolio, with with only spark-ignition internal combustion recip... (897.87M), with only spark-ignition internal combustion recip... (440.95M), with only compression-ignition internal combustion... (350.93M), with both spark-ignition internal combustion recip... (167.60M), with only spark-ignition internal combustion recip... (115.50M). This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 2 categories specifically related to alternative propulsion systems, totaling $325.17M.

Beyond automotive, Georgia maintains strong positions in specialized equipment,, and Copper ores and concentrates, Wine, Ferro-alloys.

The top 20 export products collectively account for 63.8% of total exports, revealing moderate concentration with room for further diversification.

🛒 Import Products

Top Import Products

with only spark-ignition internal combustion recip...
9.0%$1.47B
preparations n.e.c. containing by weight 70% or mo...
7.1%$1.17B
with only spark-ignition internal combustion recip...
4.0%$650.92M
consisting of mixed or unmixed products n.e.c. in ...
2.9%$470.71M
with both spark-ignition internal combustion recip...
2.7%$442.11M
3 others
6.3%$1.03B

Import requirements center on with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc at 1.47 billion (9.0%), indicating technology and machinery requirements.

Beyond energy, critical imports include with only spark-ignition internal combus... (1.47B, 9.0%), with only spark-ignition internal combus... (650.92M, 4.0%), consisting of mixed or unmixed products ... (470.71M, 2.9%), with both spark-ignition internal combus... (442.11M, 2.7%), with only compression-ignition internal ... (315.27M, 1.9%).Electronic components and devices total 285.27 million (1.7% of imports), supporting domestic manufacturing and assembly operations. Pharmaceutical products represent 470.71 million (2.9%), reflecting healthcare sector demands. Metal ores and minerals contribute 236.68 million (1.4%), feeding industrial processing capacity.

The import product mix reveals structural characteristics of Georgia's economy: integration into global electronics supply chains, food security dependencies, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (7 : 13among top 20 products) indicates balanced import composition. Import substitution potential exists in technology and chemicals sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 11 primary products to 5 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.

⚖️ Trade Balance Dynamics

-9.67 billion
Trade Deficit 42.07% of total trade
PartnerExportsImportsBalance
Türkiye$483.26M$2.60B$-2.12B
Russian Federation$657.03M$1.74B$-1.09B
USA$118.60M$2.08B$-1.96B
China$310.87M$1.33B$-1.02B
Azerbaijan$843.78M$658.20M+$185.58M

Export-to-import ratio of 0.408 means exports cover 40.8% of import costs.

🔗 Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
Türkiye$483.26M$2.60B$-2.12B
Russian Federation$657.03M$1.74B$-1.09B
USA$118.60M$2.08B$-1.96B
China$310.87M$1.33B$-1.02B
Azerbaijan$843.78M$658.20M+$185.58M
Armenia$778.71M$350.91M+$427.80M
Germany$81.64M$972.80M$-891.15M
Kazakhstan$667.86M$228.50M+$439.36M
Total$3.94B$9.96B$-6.02B

The Georgia-Türkiye relationship leads at 3.08 billion in bilateral trade.View detailed analysis →

Additional major partnerships include USA (2.19B total trade), China (1.64B total trade), Azerbaijan (1.50B total trade). Regional integration through transatlantic partnerships facilitates technology transfer, market access, and production efficiency. The diversity of trading relationships—15.21B across top 10 partners—provides resilience against bilateral tensions and regional disruptions.

🏆 Competitive Position

Global rankings position Georgia as the #118 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.067%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of technology-intensive products, indicates advanced industrial capabilities. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Georgia's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly inwith only spark-ignition , Copper ores and concentra, with only spark-ignition . The revealed comparative advantage is strongest in product categories representing27.9% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 9.67B, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in high-value manufacturing.

Vulnerabilities include product concentration in cyclical sectors. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with USA, Spain, Ukraine, developing new product capabilities in adjacent product categories, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Georgia's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Georgia's position as the world's #118 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026