India / Georgia

Overview In January 2024, India exported $11.5M and imported $2.63M from Georgia, resulting in a positive trade balance of $8.92M. Between January 2023 and January 2024 the exports of India have decreased by $-6.62M (-36.5%) from $18.2M to $11.5M, while imports decreased by $-43.9M (-94.4%) from $46.6M to $2.63M.

Trade In January 2024, the top exports of India to Georgia were Products Of Iron And Steel ($3.48M), Buffalo Meat ($2.43M), Drug Formulations, Biologicals ($1.8M), Indl. Machnry For Dairy Etc ($1.06M), and Rice -Basmoti ($870k). In January 2024 the top imports of India from Georgia were Fertilezers Manufactured ($38.6M), Other Crude Minerals ($4.6M), Newsprint ($1.39M), Lead And Products Made Of Led ($575k), and Inorganic Chemicals ($519k).

Growth In January 2024, the decrease in India's year-by-year exports to Georgia was explained primarily by an decrease in product exports in Indl. Machnry For Dairy Etc ($-1.33M or -55.7%), Tobacco Unmanufactured ($-1.22M or -86.7%), and Pumps Of All Types ($-735k or -91.8%). In January 2024, the decrease in India's year-by-year imports  from Georgia was explained primarily by an decrease in product imports  in Fertilezers Manufactured ($-7.06M or -15.5%), Wool, Raw ($-12k or -38.5%), and Alcoholic Beverages ($-5.76k or -33.1%).