BAKU, Azerbaijan, August 18. Georgia’s foreign
trade turnover reached $15.5 billion in January–July 2026,
increasing by 7.5% year-on-year, as export growth significantly
outpaced import expansion.


This is reflected in the statement published by the National
Statistics Office of Georgia.


"External Merchandise Trade (excluding non-declared trade) of
Georgia amounted to $15.5 million in January-July 2026, 7.5% higher
year-on-year. The value of exports increased by 21.6%, reaching
$4.7 million, while imports increased by 2.4% and amounted to $10.8
million. The trade deficit equaled $6.2 million, and its share in
trade turnover constituted 39.8%," the statement says.


The structure of Georgia’s external trade showed a shift toward
stronger export performance in the first seven months of 2026.
Trend’s calculations
show that exports accounted for 30.1% of total trade turnover,
while imports represented 69.9%.


The export growth rate was almost nine times higher than import
growth in annual terms, with exports increasing by 21.6% compared
with a 2.4% rise in imports. As a result, the import coverage ratio
— the share of imports financed by export revenues — reached 43%
during the period. Trend’s calculations note that Georgia exported an
average of approximately $667 million worth of goods per month in
the period from January through July 2026, while average monthly
imports amounted to around $1.55 billion. The average monthly trade
gap stood at about $883 million.







Monthly data also indicates a gradual strengthening of export
activity throughout the year. After January exports of $480.3
million, shipments increased steadily to $792.4 million in July,
representing growth of almost 65% over the period. The acceleration
was also visible in the second quarter and early summer months.
From June through July, exports increased by 2.8%, while imports
grew by 2.3%, keeping overall trade expansion balanced.


The figures underline the growing importance of export-oriented
sectors and Georgia’s role as a regional trade and logistics hub
connecting European and Asian markets. The country’s position along
the Middle Corridor continues to support trade flows and increase
the attractiveness of transport, logistics and related
services.


At the same time, the trade structure shows that imports remain
a major component of Georgia’s external commerce. The calculations
indicate that imports were approximately 2.3 times larger than
exports during the reporting period, highlighting the importance of
expanding domestic production and increasing the share of higher
value-added exports.