Georgia

Compare Georgia →

GE · GEO · BACI 268 · latest data 2024

Exports

$6.5B USD, nominal · 2024

= $6,546 M53.7% over 5 yrs (up)

Imports

$18.0B USD, nominal · 2024

= $17,992 M77.1% over 5 yrs (up)

Trade balancedeficit

−$11.4B USD, nominal · 2024

= −$11,447 M

Total trade

$24.5B USD, nominal · 2024

= $24,538 M70.2% over 5 yrs (up)

World position: #120 of 225 exporters · bottom half · #88 of 225 importers · top half · 2024
World export share since 1995: +0.0 pp

Trade timeline

Georgia's exports grew from $105M in 1995 to $6.5B in 2024; the 2024 balance was −$11.4B.

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Exports, imports, trade balance and total trade of Georgia per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$105 M	$333 M	−$229 M	$438 M
1996	$297 M	$1,105 M	−$808 M	$1,402 M
1997	$443 M	$1,176 M	−$733 M	$1,619 M
1998	$372 M	$1,145 M	−$773 M	$1,517 M
1999	$452 M	$813 M	−$361 M	$1,265 M
2000	$716 M	$930 M	−$214 M	$1,647 M
2001	$699 M	$1,020 M	−$321 M	$1,719 M
2002	$710 M	$1,032 M	−$321 M	$1,742 M
2003	$1,094 M	$1,536 M	−$442 M	$2,629 M
2004	$1,368 M	$2,410 M	−$1,042 M	$3,779 M
2005	$1,598 M	$2,986 M	−$1,387 M	$4,584 M
2006	$2,112 M	$4,097 M	−$1,985 M	$6,209 M
2007	$2,054 M	$5,555 M	−$3,501 M	$7,608 M
2008	$2,537 M	$6,754 M	−$4,218 M	$9,291 M
2009	$1,977 M	$4,382 M	−$2,405 M	$6,359 M
2010	$2,833 M	$5,558 M	−$2,725 M	$8,390 M
2011	$3,658 M	$7,622 M	−$3,965 M	$11,280 M
2012	$3,409 M	$8,565 M	−$5,156 M	$11,974 M
2013	$3,716 M	$8,639 M	−$4,923 M	$12,355 M
2014	$3,769 M	$9,213 M	−$5,444 M	$12,982 M
2015	$2,968 M	$7,919 M	−$4,951 M	$10,886 M
2016	$2,592 M	$7,752 M	−$5,160 M	$10,344 M
2017	$3,337 M	$8,593 M	−$5,256 M	$11,930 M
2018	$3,806 M	$9,912 M	−$6,106 M	$13,718 M
2019	$4,259 M	$10,159 M	−$5,900 M	$14,418 M
2020	$4,218 M	$8,579 M	−$4,361 M	$12,797 M
2021	$5,201 M	$10,565 M	−$5,364 M	$15,766 M
2022	$7,169 M	$14,024 M	−$6,855 M	$21,193 M
2023	$6,387 M	$16,211 M	−$9,824 M	$22,597 M
2024	$6,546 M	$17,992 M	−$11,447 M	$24,538 M

30 rows

World share & rank

World export share moved from 0.0% in 1995 to 0.0% in 2024; export rank #164 → #120.

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World export and import share in percent, and world ranks, of Georgia per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.00%	0.01%	#164	#154
1996	0.01%	0.02%	#141	#122
1997	0.01%	0.02%	#138	#123
1998	0.01%	0.02%	#140	#124
1999	0.01%	0.01%	#139	#142
2000	0.01%	0.01%	#133	#142
2001	0.01%	0.02%	#134	#140
2002	0.01%	0.02%	#133	#141
2003	0.01%	0.02%	#127	#133
2004	0.01%	0.03%	#128	#121
2005	0.02%	0.03%	#126	#119
2006	0.02%	0.03%	#124	#112
2007	0.01%	0.04%	#132	#113
2008	0.02%	0.04%	#126	#112
2009	0.02%	0.04%	#128	#126
2010	0.02%	0.04%	#122	#116
2011	0.02%	0.04%	#126	#112
2012	0.02%	0.05%	#126	#114
2013	0.02%	0.05%	#125	#113
2014	0.02%	0.05%	#124	#114
2015	0.02%	0.05%	#128	#116
2016	0.02%	0.05%	#131	#113
2017	0.02%	0.05%	#126	#110
2018	0.02%	0.05%	#127	#108
2019	0.02%	0.05%	#125	#105
2020	0.02%	0.05%	#124	#109
2021	0.02%	0.05%	#123	#108
2022	0.03%	0.06%	#117	#101
2023	0.03%	0.07%	#122	#96
2024	0.03%	0.08%	#120	#88

30 rows

Trading partners

Türkiye was Georgia's top trading partner in 2024, at 13.9% of total trade; the top five partners covered 46.8%.

Year

Top partner share: 13.9%
Top-5 share: 46.8%
Partners: 161
Partner HHI (0–1): 0.059

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Kyrgyzstan $840M

Azerbaijan $681M

Russia $680M

Türkiye $604M

Kazakhstan $562M

Armenia $530M

China $303M

United States $179M

United Kingdom $152M

Bulgaria $119M

Germany $81M

Netherlands $76M

Poland $70M

Italy $60M

Japan $9M

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Top partners of Georgia in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	Türkiye	$604 M	$2,814 M	$3,418 M	−$2,209 M
#2	Russia	$680 M	$1,849 M	$2,528 M	−$1,169 M
#3	United States	$179 M	$2,063 M	$2,241 M	−$1,884 M
#4	China	$303 M	$1,612 M	$1,915 M	−$1,309 M
#5	Germany	$81 M	$1,312 M	$1,393 M	−$1,231 M
#6	Azerbaijan	$681 M	$587 M	$1,267 M	$94 M
#7	United Kingdom	$152 M	$785 M	$937 M	−$633 M
#8	Kyrgyzstan	$840 M	$6 M	$846 M	$833 M
#9	Armenia	$530 M	$240 M	$769 M	$290 M
#10	Kazakhstan	$562 M	$121 M	$683 M	$441 M
#11	Japan	$9 M	$556 M	$565 M	−$547 M
#12	Italy	$60 M	$425 M	$486 M	−$365 M
#13	Bulgaria	$119 M	$319 M	$438 M	−$200 M
#14	Poland	$70 M	$327 M	$397 M	−$257 M
#15	Netherlands	$76 M	$314 M	$390 M	−$239 M

15 rows

Products & sectors

Product composition of Georgia's trade in 2024.

Year

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Concentration & risk

Georgia's export partners diversified over 1995–2024 — HHI 0.259 → 0.068, a diversified export base across 150 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Georgia per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.259	0.121	48	49
1996	0.116	0.082	74	85
1997	0.150	0.066	86	93
1998	0.114	0.063	89	104
1999	0.082	0.069	93	98
2000	0.098	0.066	118	105
2001	0.094	0.072	115	110
2002	0.069	0.066	121	121
2003	0.083	0.057	128	122
2004	0.084	0.058	127	132
2005	0.080	0.062	137	133
2006	0.056	0.066	142	135
2007	0.058	0.060	145	130
2008	0.071	0.059	146	136
2009	0.065	0.064	149	136
2010	0.052	0.062	158	146
2011	0.048	0.063	159	150
2012	0.061	0.062	160	138
2013	0.067	0.061	152	133
2014	0.061	0.068	158	142
2015	0.049	0.064	157	134
2016	0.044	0.065	161	137
2017	0.055	0.063	165	141
2018	0.061	0.061	165	142
2019	0.060	0.065	168	139
2020	0.068	0.067	166	129
2021	0.062	0.066	166	135
2022	0.058	0.071	160	143
2023	0.071	0.072	158	147
2024	0.068	0.070	150	135

30 rows

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