Georgia Balance Of TradeGeorgia Balance Of TradeGeorgia Balance Of Trade

Georgia Balance Of Trade

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Key data points


Last release
Observation period
Sep 2024
Next release
Forecast
Highest
‪−6.34 M‬USD on Apr 30, 1995
Lowest
‪−956.50 M‬USD on Apr 30, 2024

About Georgia Balance Of Trade


Category
Trade
Frequency
Monthly
Units
USD
Georgia's increasing trade deficits are a by-product of Russia's trade embargo. Georgia has failed to diversify its exports and relies heavily on agriculture and low value added resource exploration. Georgia's main imports are oil, motor cars, pharmaceutical products, wheat and meslin, sugar and electrical equipment. Georgia's main trading partners are Turkey, Azerbaijan, Ukraine, Germany, Russia, the United States and Bulgaria..