Georgia

Overview In August 2024 Georgia exported $4.57B and imported $12.2B, resulting in a negative trade balance of $7.67B. Between August 2023 and August 2024 the exports of Georgia have increased by $612M (15.5%) from $3.96B to $4.57B, while imports increased by $1.12B (10.1%) from $11.1B to $12.2B.

Trade In August 2024, the top exports of Georgia were Aircraft Parts ($815M), Gas Turbines ($212M), Cars ($207M), Telephones ($173M), and Computers ($163M). In August 2024 the top imports of Georgia were Cars ($1.4B), Computers ($470M), Telephones ($372M), Motor vehicles; parts and accessories (8701... ($338M), and Gas Turbines ($284M).

Destinations In August 2024, Georgia exported mostly to Canada ($675M), Mexico ($554M), Singapore ($265M), China ($248M), and Germany ($243M), and imported mostly from Mexico ($1.76B), China ($1.65B), South Korea ($1.39B), Germany ($954M), and Canada ($536M).

Growth In August 2024, the increase in Georgia's year-by-year exports was explained primarily by an increase in exports to Mexico ($131M or 31%), Canada ($85.6M or 14.5%), and India ($71.1M or 133%), and product exports increase in Aircraft Parts ($126M or 18.2%), Telephones ($97.1M or 128%), and Computers ($66.6M or 68.8%). In August 2024, the increase in Georgia's year-by-year imports was explained primarily by an increase in imports from Mexico ($570M or 48%), South Korea ($289M or 26.4%), and China ($125M or 8.2%), and product imports increase in Cars ($426M or 43.7%), Computers ($380M or 421%), and Telephones ($91.6M or 32.7%).