Key data points
Last release
—
Observation period
May 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
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.