FX.co ★ Georgia Trade Gap Narrows in May

Georgia’s trade deficit narrowed to USD 894.9 million in May 2026, down from USD 906.4 million in May 2025. Exports rose by 15.1% year-on-year to USD 667.8 million, while imports increased by 5.1% to USD 1,562.6 million.

Over the January–May period, exports grew 19.8% to USD 3,107.7 million, supported by robust sales of oil and petroleum products (up 885.8%), copper ores and concentrates (up 206.5%), and precious metal ores and concentrates (up 87.2%). Among key trading partners, exports to China jumped 145.7%, to Armenia 28.8%, and to Turkey 65.6%.

During the same five-month period, imports declined 1.9% to USD 7,331.9 million, reflecting reduced purchases of passenger cars (down 20.2%) and trucks (down 20.4%). Imports from the United States fell 33.9%, while those from Germany and Japan dropped 8.8% and 1%, respectively.

As a result, Georgia’s trade deficit for January–May narrowed to USD 4,224.2 million, from USD 4,875.8 million in the corresponding period of the previous year.