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Georgia Spends $49.2 MLN on Oil Imports, With Russia Remaining the Main Supplier

ზეთი
Natiko Taktakishvili
26.10.26 11:15
• 53

Georgia imported $49.2 million worth of oil in January–September 2026, a 23.2% increase year-on-year, according to the National Statistics Office of Georgia (Geostat). Import volumes rose by 7.1%, from 29,248 tonnes in the first nine months of 2025 to 31,319 tonnes this year.

The value of imports increased by $9.3 million, while volumes grew by 2,071 tonnes. The average value per tonne reached approximately $1,569, up by 15.1% from $1,363 a year earlier. This figure reflects the ratio of import value to volume, not the retail price.

Russia remained Georgia’s largest supplier, accounting for 27,148 tonnes of imports worth $41.5 million, or approximately 84.4% of the total import value. Ukraine ranked second, supplying 2,757 tonnes worth $4.8 million, followed by Azerbaijan, with 988 tonnes valued at $1.7 million.

Other suppliers included Hungary, which provided 358 tonnes worth $821,000, and Turkey, from which Georgia imported 38 tonnes valued at $71,000.

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