In January-November 2024 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 2.6 bln, 6.6 percent higher year-on-year, - according to the National Statistics Office of Georgia (Geostat).
The exports equaled 6 billion 010 million (7.9 percent higher), while the imports stood at USD 15 million 101 thousand (6.1 percent higher). The negative trade balance was USD 9 billion 090 million in January-November 2024 and its share in external trade turnover constituted 43.1 percent.
In January-November 2024 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 81.7 percent. The top partners were Kyrgyzstan (USD 1 166.1 million), Kazakhstan (USD 795.4 million) and Azerbaijan (USD 664.4 million).
In January-November 2024 the share of the top ten trading partners by imports in the total imports of Georgia amounted to 70.0 percent. The top partners were Türkiye (USD 2 500.9 million), USA (USD 1 828.5 million) and Russia (USD 1 635.5 million).
In January-November 2024 the share of the top ten trading partners in the total external trade turnover of Georgia amounted to 69.2 percent. The top trading partners were Türkiye (USD 2 939.3 million), Russia (USD 2 269.4 million) and USA (USD 1 965.8 million).
In January-November 2024 motor cars claimed the first place in the list of top export items, equaling USD 2 218.9 million with 36.9 percent of total exports. The exports of ferro-alloys totaled USD 316.5 million and their share in the total exports amounted to 5.3 percent. The exports of spirituous beverages occupied the third place standing at USD 270.4 million and constituting 4.5 percent of the total exports.
The top import commodities in January-November 2024 were motor cars, whose imports equaled USD 3 082.4 million (20.4 percent of the total imports). The petroleum and petroleum oils followed in the list with USD 1 185.3 million (7.8 percent of imports). The Medicaments put up in measured doses were third in the top import commodity list with USD 562.7 million (3.7 percent of imports).
