Georgia purchased 590,000 tons of petroleum products worth $471.3 million in January–April 2026, marking a 19% increase in value and a 12% rise in volume compared to the previous year. Import prices have surged sharply: while the average price per ton was $697 in January, by April it had climbed to $950, a 36% jump.
Russia remained Georgia’s largest supplier, with imports totaling $173 million, though volumes fell by 16% due in part to Russia’s temporary gasoline export ban effective from April 2 to July 31, 2026. Turkey ranked second with $57 million in supplies, reflecting a dramatic 549% increase, followed by Romania at $46 million.
Overall, Georgia imported fuel from the following countries during the first four months of 2026:
Russia: $173M | 255,167 tons | -16%
Turkey: $57M | 49,980 tons | +549%
Romania: $46M | 62,935 tons | -42%
Bulgaria: $38M | 44,556 tons | -39%
Azerbaijan: $36M | 41,981 tons | +511%
Fuel prices in Georgia are also influenced by excise taxes. In January–April 2026, the government collected 234 million GEL from fuel excise, up 19 million GEL year-on-year. Of this, 116.5 million GEL came from gasoline excise (-2%), 75 million GEL from diesel (-8%), and 42.2 million GEL from other petroleum products (+188%). Currently, excise tax stands at 0.37 GEL per liter of gasoline and 0.335 GEL per liter of diesel.
