Bankomat

Georgia-Russia trade turnover exceeds $2 billion

News|2026/09/23 18:16
Georgia-Russia trade turnover exceeds $2 billion

The figure rose 19.1% in the first eight months of 2026.

Trade turnover between Georgia and Russia exceeded $2 billion in January-August 2026, up 19.1% from the same period a year earlier, according to data from Georgia’s National Statistics Service.

The figures show that imports from Russia to Georgia totaled about $1.5 billion during the reporting period, a 24.9% increase year on year. Exports from Georgia to Russia rose 4.1% to $500.7 million.

Russia ranked third among Georgia’s largest foreign trade partners with an 11.3% share. Turkey remained first with trade turnover of $2.25 billion, followed by China at about $2.04 billion.

Overall, Georgia’s foreign trade turnover reached $17.93 billion in the first eight months of 2026, marking an 8.4% increase from a year earlier. Exports climbed 22.1% to $5.42 billion, while imports rose 3.4% to $12.5 billion.

The country’s negative trade balance stood at $7.08 billion, or 39.5% of total foreign trade turnover. Georgia’s 10 largest trading partners accounted for 65.7% of total external trade. Alongside Turkey, China and Russia, the list includes the US, Azerbaijan, Germany and Armenia.

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