Georgia’s external trade grew quickly in the first eight months of 2026, and exports grew fastest. According to figures summarised by Investor.ge, total trade turnover rose 8.3% to $17.9 billion. Exports climbed 22.1% to $5.42 billion, while imports rose a more modest 3.3% to $12.49 billion. The trade deficit stood at about $7.07 billion.
A different export basket
The composition of exports is changing. Passenger car exports, long one of Georgia’s largest export lines thanks to re-exports to neighbouring markets, fell 22% to $1.35 billion. At the same time, exports of petroleum products jumped from $59 million to $689 million, and precious-metal ores rose 69% to $403 million.
On the import side, Türkiye remained the largest source, followed by Russia, the United States and China.
Why it matters for leaders
Higher export revenue supports the lari and the balance of payments. But growth driven by commodities and re-exports is more exposed to regional politics and price swings than growth built on domestic production. Companies that can add value locally, in processing, logistics or services, are the ones best placed to benefit from Georgia’s position as a transit economy.
Sources
Photo: Albert Stoynov / Unsplash