19.03.202607:47:52UTC+00Georgia Trade Deficit Widens in February

Georgia’s trade deficit narrowed to USD 790.6 million in February 2026, from USD 802.1 million in the same month a year earlier. Exports surged by 26.6% year-on-year to USD 546.3 million, while imports increased at a more moderate pace of 8.4% to USD 1,336.9 million.

Over the first two months of the year, the trade deficit shrank to USD 1,459 million, compared with USD 2,102.6 million in the corresponding period of the previous year. Exports rose by 22.9% to USD 1,026 million, bolstered by stronger shipments to China (up 289.1%), Turkey (up 80.9%), and Russia (up 28%).

By product category, export growth was driven by substantial increases in oil and petroleum products (up 479.5%), precious metal ores and concentrates (up 216.8%), other concentrates (up 116.8%), and ferroalloys (up 93.3%).

Conversely, imports fell by 15.4% to USD 2,485.7 million, largely reflecting lower purchases from the USA (down 55.9%), Germany (down 29.5%), and Russia (down 5.4%). Import volumes declined notably for passenger cars (down 37.1%) and for petroleum gases and other gaseous hydrocarbons (down 7.4%).