In 10M 2024, Georgia exported commodities worth a total of USD 456 million to the EU. This amount was USD 155 million or 25% less than in the same period in 2023.
As a result of the decrease, the EU's share in Georgia's total exports fell below 10% amounting to 8.4%. For comparison, in the first 10 months of 2023, Georgia exported goods worth USD 612 million to the EU, and the EU's share in total exports was 12%. In addition, , the EU has never occupied less than 10% in Georgia's exports over the past 10 years.
EU’s Share In Georgia Exports Between 2014-2024:
Year Exports Volume to the EU In 10M24 EU Share In Total Exports
2024 $457 million 8.4%
2023 $612 million 12.0%
2022 $715 million 15.8%
2021 $539 million 15.9%
2020 $557 million 20.5%
2019 $651 million 21.3%
2018 $584 million 21.1%
2017 $528 million 23.8%
2016 $439 million 25.7%
2015 $518 million 28.3%
2014 $504 million 20.8%
In 10M24, nuts and hazelnuts claimed the first place in the list of top export items from Georgia to the EU, amounting to $45 million. The growth made up 20% year-on-year.
However, exports of copper ores and concentrates to the EU fell by 85% amounting to $42.5 million this year.
In addition, exports of precious metal ores and concentrates increased to $40 million, a commodity that was not exported to the EU last year.
