Georgia’s trade deficit narrowed sharply to USD 649.1 million in January 2026 from USD 1,300 million in the corresponding month a year earlier, marking the smallest shortfall since February 2023. Exports climbed 19% year-on-year to USD 480.4 million, led by sales to China (USD 66,056 million), followed by Turkey (USD 52,121.2 million), and Kyrgyzstan (USD 49,938.5 million). Meanwhile, imports slumped 33.7% to USD 1,129.5 million, lifted by purchases in Turkey (USD 194,984.2 million), China (USD 157,257.8 million), and Russia (USD 156,819.1 million).
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Georgia Posts Smallest Trade Deficit in Almost 3 Years
Georgia’s trade deficit narrowed sharply to USD 649.1 million in January 2026 from USD 1,300 million in the corresponding month a year earlier, marking the smallest shortfall since February 2023. Exports climbed 19% year-on-year to USD 480.4 million, led by sales to China (USD 66,056 million), followed by Turkey (USD 52,121.2 million), and Kyrgyzstan (USD 49,938.5 million). Meanwhile, imports slumped 33.7% to USD 1,129.5 million, lifted by purchases in Turkey (USD 194,984.2 million), China (USD 157,257.8 million), and Russia (USD 156,819.1 million).