Georgia

Overview In September 2024 Georgia exported $4.77B and imported $13.4B, resulting in a negative trade balance of $8.6B. Between September 2023 and September 2024 the exports of Georgia have increased by $642M (15.6%) from $4.13B to $4.77B, while imports increased by $2.1B (18.7%) from $11.3B to $13.4B.

Trade In September 2024, the top exports of Georgia were Aircraft Parts ($968M), Planes, Helicopters, and/or Spacecraft ($330M), Gas Turbines ($237M), Cars ($181M), and Computers ($135M). In September 2024 the top imports of Georgia were Cars ($1.23B), Vaccines, blood, antisera, toxins and cultures ($1.01B), Computers ($669M), Telephones ($388M), and Motor vehicles; parts and accessories (8701... ($368M).

Destinations In September 2024, Georgia exported mostly to Canada ($567M), Mexico ($545M), New Zealand ($406M), Singapore ($317M), and China ($245M), and imported mostly from Mexico ($1.81B), China ($1.59B), South Korea ($1.56B), Germany ($946M), and Vietnam ($693M).

Growth In September 2024, the increase in Georgia's year-by-year exports was explained primarily by an increase in exports to New Zealand ($368M or 990%), Mexico ($140M or 34.8%), and Singapore ($100M or 46.1%), and product exports increase in Aircraft Parts ($291M or 42.9%), Telephones ($58.6M or 84.3%), and Sulfate Chemical Woodpulp ($33.3M or 36.7%). In September 2024, the increase in Georgia's year-by-year imports was explained primarily by an increase in imports from Mexico ($643M or 55.1%), South Korea ($324M or 26.3%), and Belgium ($289M or 147%), and product imports increase in Computers ($564M or 537%), Vaccines, blood, antisera, toxins and cultures ($382M or 60.7%), and Cars ($137M or 12.6%).