In January-May 2024 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 8 432.0 million, 2.2 percent lower year-on-year. The exports equaled 2 274.0 million (9.2 percent lower), while the imports stood at USD 6 158.0 million (0.7 percent higher). The negative trade balance was USD 3 884.0 million in January-May 2024 and its share in external trade turnover constituted 46.1 percent.
In January-May 2024 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 79.7 percent. The top partners were Kyrgyzstan (USD 360.2 million), Kazakhstan (USD 274.8 million) and Russia (USD 273.1 million).
In January-May 2024 the share of the top ten trading partners by imports in the total imports of Georgia amounted to 68.3 percent. The top partners were Türkiye (USD 1 078.1 million), Russia (USD 731.0 million) and United States (USD 601.4 million).
In January-May 2024 the share of the top ten trading partners in the total external trade turnover of Georgia amounted to 67.1 percent. The top trading partners were Türkiye (USD 1 254.4 million), Russia (USD 1 004.1 million) and China (USD 691.6 million).
In January-May 2024 motor cars claimed the first place in the list of top export items, equaling USD 739.7 million with 32.5 percent of total exports. The exports of wine of fresh grapes totaled USD 140.7 million and their share in the total exports amounted to 6.2 percent. The exports of ferro-alloys occupied the third place standing at USD 105.6 million and constituting 4.6 percent of the total exports.
The top import commodities in January-May 2024 were motor cars, whose imports equaled USD 967.4 million (15.7 percent of the total imports). The petroleum and petroleum oils followed in the list with USD 513.9 million (8.3 percent of imports). The Medicaments put up in measured doses were third in the top import commodity list with USD 265.5 million (4.3 percent of imports).
