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FX.co ★ Georgia Trade Gap Narrows in June

Georgia Trade Gap Narrows in June

Georgia’s trade deficit narrowed to USD 854.5 million in June 2026, down from USD 872.2 million in the same month a year earlier. Exports jumped 20.4% to USD 770.8 million, while imports increased 7.5% to USD 1,625.4 million.

Over the January–June period, exports rose 20% year-on-year to USD 3,876.3 million. Growth was driven primarily by stronger shipments of oil and petroleum products (up 974.3%), precious metal ores and concentrates (up 74.3%), and copper ores and concentrates (up 287.4%). Among major trading partners, exports increased sharply to China (143%), Armenia (27%), and Turkey (57.3%).

Imports in the first half of the year inched up 0.7% to USD 9,049.1 million, supported by higher purchases of oil and petroleum products (34.6%), medications (8.5%), and petroleum gases and other hydrocarbons (19.1%). By country, imports rose from Turkey (6.8%), Russia (25.6%), China (22.5%), and Azerbaijan (25%).

As a result, Georgia’s trade deficit for the first half of 2026 narrowed to USD 5,172.9 million, compared with USD 5,757.6 million in the corresponding period of 2025.

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