Tuesday, 02 January 2024 12:17 GMT

Georgia Reports Impressive $1.7 Bln In Exports For 1Q2026


(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 20. Georgia's export value surged by 23.3% in the first quarter of 2026, reaching $1.7 billion.

Data obtained by Trend from the country's National Statistics Office (Geostat) shows that Georgia's total external merchandise trade turnover for the period from January through March 2026 amounted to $5.9 billion, representing a slight year-on-year increase of 0.1%.

While exports showed significant double-digit growth, the value of imports decreased by 7.2%, totaling $4.1 billion.

The trade deficit for the first quarter equaled $2.4 billion, with its share in the overall trade turnover constituting 41.2%.

Monthly dynamics show a steady upward trend throughout the quarter. In January, exports stood at $480.4 million against $1.2 billion in imports. By February, export figures rose to $546.3 million, while imports reached $1.4 billion. The growth continued into March, which recorded the highest monthly performance with exports hitting $697 million and imports totaling $1.6 billion.

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Trend News Agency

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