According to the data released by the state statistics office of Georgia, in 2017 Import reached USD 7.9 billion, while exports of Georgia was USD 2.7 billion. It was largest figures for the last three years both for export and import. The lowest rate of export from Georgia was USD 2.1 billion in 2016.
The trade turnover with the EU-member states stood at USD 2.84 billion in 2017 and USD 2.78 billion in 2016, a 2% increase compared to 2016. For the last three year’s maximum rate of import was in 2016, USD 2.21 billion and export in 2017, USD 0.64 billion.
Horizontal bar chart shows statistics of export and import of Georgia, between 2012 and 2017. Values are shown in billions of US dollar.
Additionally, in 2017 Trade turnover with the Commonwealth of Independent States (CIS) was USD 3.54 billion, while in 2015 and 2016 was USD 2.8 billion and USD 2.71 billion. Georgian exports to CIS countries were up by 60% y/y to USD 1.18 billion and imports increased by 19.2% to USD 2.36 billion.
Georgia’s largest trade partners in 2017:
- Turkey – USD 1.58 billion
- Russia – USD 1.18 billion
- China – USD 1.18 billion
- Azerbaijan – USD 1.18 billion
- Ukraine – USD 569 million
- Armenia – USD 489 million
- Germany – USD 478 million
- The United States – USD 389 million
- Bulgaria – USD 334 million
- Italy – USD 286 million
Georgia’s 2017 top trading partners by exports:
- Russia USD 394 million
- Azerbaijan USD 272 million
- Turkey USD 216 million
- Armenia USD 208 million
- China USD 207 million
- Ukraine USD 124 million
- The United States USD 121 million
- Iran USD 76 million
- Switzerland USD 71 million
- Uzbek USD 64 million
Georgia’s 2017 top trading partners by imports:
- Turkey – USD 2.37 billion
- Russia – USD 788 million
- China – USD 732 million
- Azerbaijan – USD 609 million
- Ukraine – USD 455 million
- Germany – USD 433 million
- Armenia – USD 281 million
- The United States – USD 267 million
- Italy – USD 217 million
- Romania – USD 191 million
Georgia’s 2017 top exported products:
- Copper ores and concentrates USD 419 million
- Ferroalloys – USD 306 million
- Re-export of motor cars – USD 234 million
- Wine – USD 170 million;
- Medicines – USD 140 million
- Non-denatured ethyl alcohol and spirits – USD 126 million
- Mineral waters – USD 95 million;
- Hazelnuts – USD 83 million
- Chemical fertilizers – USD 76 million
- Raw or semi-processed gold – USD 70 million
Georgia’s 2017 top imported products:
- Oil and oil products – USD 696 million
- Cars – USD 474 million
- Petroleum gases – USD 350 million
- Medicines – USD 346 million
- Copper ores and concentrates – USD 338 million
- Mobile and other wireless phones – USD 204 million
- Cigarettes – USD 102 million
- Wheat – USD 98 million
- Automatic data processing machines – USD 96 million
- Trucks – USD 72 million
