Trade turnover between Georgia and Greece increased by 105.4% year-on-year in January–September 2026, reaching $132.8 million, according to the National Statistics Office of Georgia (Geostat). During the same period in 2025, bilateral trade totaled $64.6 million.
The increase was primarily driven by a sharp rise in imports from Greece, while Georgian exports to the country declined slightly. Meanwhile, foreign direct investment (FDI) from Greece fell, remittances remained substantial, and tourist arrivals from Greece edged up.
Imports From Greece
In the first nine months of 2026, Georgia imported $113.7 million worth of goods from Greece, a 154.4% increase compared with the $44.7 million recorded in the same period of 2025.
Petroleum and petroleum products accounted for the largest share of imports, totaling $74.5 million. Packaged medicines ranked second at $8.1 million, followed by milk, yogurt and kefir, worth $5.5 million.
Other leading imports included printed products, including printed reproductions and photographs ($3.2 million); blank recording media for sound or similar recordings ($2.7 million); and paints and varnishes based on natural polymers dispersed or dissolved in an aqueous medium ($1.7 million).
The top 10 imported product categories also included bread and pastry products ($1.1 million); paints and varnishes based on synthetic polymers or chemically modified natural polymers ($934,100); copper tubes and pipes ($876,700); and glazing and gardening putties ($726,600).
Exports to Greece
Georgian exports to Greece totaled $19.1 million in January–September 2026, down by 4.2% year-on-year from $20 million in the same period of 2025.
Ferro-alloys were Georgia’s leading export to Greece, worth $10.9 million. Hazelnuts and other nuts ranked second at $2.6 million, followed by plywood, veneered panels and similar materials, worth $2.5 million.
Other major exports included fruit and vegetable juices ($783,200); tights, stockings and other hosiery ($532,300); petroleum and petroleum products ($473,400); pigments ($247,000); mineral and fresh water ($148,200); new pneumatic rubber tires ($125,100); and manganese oxides ($104,300).
Foreign Direct Investment
Foreign direct investment from Greece to Georgia declined by 36% year-on-year in the first half of 2026, totaling $969,900. In the first six months of 2025, Greek FDI amounted to $1.52 million.
Annual figures also indicate fluctuations in investment flows. According to Geostat, investments from Greece in Georgia totaled $1.47 million in 2025, compared with $3.99 million in 2024 and $1.16 million in 2023. FDI from Greece stood at $3.21 million in 2022 and $4.98 million in 2021.
Despite the increase recorded in 2024, the FDI from Greece has generally followed a downward trend since 2021.
Remittances From Greece
Remittances from Greece to Georgia reached $237.2 million in January–September 2026.
According to the National Bank of Georgia, transfers from Greece totaled $293.8 million in 2025, up from $263.4 million in 2024 and $245.9 million in 2023. Remittances amounted to $223.9 million in 2022 and $240.1 million in 2021.
Greece therefore remains a significant source of money transfers to Georgia, with annual remittances exceeding $290 million in 2025.
Tourism
Georgia received 26,742 visits from Greece in the first nine months of 2026, according to the Georgian National Tourism Administration. This represents a 0.5% increase, or 122 additional visits, compared with the 26,620 visits recorded in the same period of 2025.
