Between Januarya and October 2024, trade turnover between Georgia and the United States amounted to USD 1 billion 728 million, which was USD 91 million, or 5% less than last year. Overall, trade between Georgia and the world's number one economy is heterogeneous and characterized by fluctuations. A record in this regard was set last year, when turnover exceeded USD 2 billion 147 million, but this figure is unlikely to improve this year. In the first ten months of this year, trade with the United States has sharply shifted towards imports, which account for 92.3% of turnover.
In January-October, imports amounted to USD 1 billion 596 million, while exports were only USD 132 million.
What does Georgia buy in the USA?
The United States is the largest importer of cars to Georgia, Georgia paid USD 1.5 billion in passenger car imports this year. Hazelnuts and other nuts are in second place, which cost Georgia USD 19.8 million. Poultry feed is in third place with USD 7.8 million in imports, while the country paid USD 5.4 million for other types of food. Motorcycles and bicycles are also imported from the United States, which cost the country USD 5 million in 2024.
What does Georgia sell in the United States?
The situation is different in terms of exports, Ferroalloys are exported from Georgia to America at the highest value like Turkey, which brought the country USD 90.3 million in revenue this year. Beyond ferroalloys, no other product has achieved double-digit export figures to the United States. Aircraft parts are in second place with a value of USD 6.6 million, and wine is in third place with a value of USD 6.4 million. Thus, the income from wine sales in Russia exceeds the income from the United States by 25 times. In fourth and fifth place are ferrous metal pipes and hydrogen, from the sale of which Georgia received income of USD 5.9 million and USD 4.4 million, respectively.
