Trade turnover between Georgia and India has increased. According to data from January-February 2025, trade between two countries almost doubled and amounted to 21 million USD, while this figure stood at 12.8 million USD in the same period last year, and 18.8 million USD in January-February 2022.
Imports have a much larger share in trade with India than exports, although this year, according to data from two months, both indicators showed an increase. Of which, exports increased almost fivefold and amounted to 4.3 million USD in January-February 2025, while in the same period last year it was 917,480 USD, and in 2023 it was even less - 529,590 USD. The main export commodity is fertilizers. The increase in exports is largely due to the increase in ammonium nitrate and tobacco exports.
TOP-5 Export Commodities to India (data for January-February 2025):
1. Fertilizers - 3.8 million USD
2. Nuclear reactors, installations and mechanical appliances; parts thereof - 224,090 USD
3. Tobacco and industrial tobacco substitutes - 139,140 USD
4. Aluminum - 31,600 USD
5. Optical, photographic, measuring, control, medical instruments and apparatus - 27,970 USD
Imports from India to Georgia have also increased, amounting to 16.6 million USD in the first two months of this year, compared to 11.8 million USD last year. The main imported commodities are pharmaceutical products.
TOP-5 Imported Commodities from India (Data for January-February 2025):
1. Pharmaceutical products - 4.2 million USD
2. Nuclear reactors, machinery and mechanical appliances; their parts - 3.2 million USD
3. Cereals - 1.49 million USD
4. Electrical machinery and equipment, their parts and accessories - 1.48 million USD
5. Optical, photographic, measuring, checking, medical instruments and apparatus - 714,300 USD
