In January-May 2023 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 8 362.6 million, 18.9 percent higher to the same period of 2022. The exports equaled USD 2 502.9 million (18.6 percent higher), while the imports stood at USD 5 859.7 million (19.1 percent higher). The negative trade balance was USD 3 356.8 million in January-May 2023 and its share in external trade turnover constituted 40.1 percent.
In January-May 2023 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 80.8 percent. The top partners were Armenia (USD 360.0 million), Azerbaijan (USD 336.5 million) and Russia (USD 281.3 million).
In January-May 2023 the share of the top ten trading partners by imports in the total imports of Georgia amounted to 70.4 percent. The top partners were Turkey (USD 1 021.9 million), Russia (USD 778.6 million) and United States (USD 589.7 million).
In January-May 2023 the share of the top ten trading partners in the total external trade turnover of Georgia amounted to 68.2 percent. The top trading partners were Turkey (USD 1 194.9 million), Russia (USD 1 059.9 million) and China (USD 623.3 million).
In January-May 2023 motor cars claimed the first place in the list of top export items, equaling USD 795.0 million with 31.8 percent of total exports. The exports of copper ores and concentrates totaled USD 315.7 million and their share in the total exports amounted to 12.6 percent. The exports of wine of fresh grapes occupied the third place standing at USD 103.5 million and constituting 4.1 percent of the total exports.
