Overview In October 2022 Georgia exported $4.13B and imported $13.4B, resulting in a negative trade balance of $9.27B. Between October 2021 and October 2022 the exports of Georgia have increased by $529M (14.7%) from $3.6B to $4.13B, while imports increased by $2.63B (24.5%) from $10.8B to $13.4B.
Trade In October 2022, the top exports of Georgia were Aircraft Parts ($659M), Cars ($309M), Gas Turbines ($211M), Sulfate Chemical Woodpulp ($147M), and Poultry Meat ($144M). In October 2022 the top imports of Georgia were Cars ($1.37B), Telephones ($458M), Vaccines, blood, antisera, toxins and cultures ($396M), Motor vehicles; parts and accessories (8701... ($359M), and Other Edible Preparations ($306M).
Destinations In October 2022, Georgia exported mostly to Canada ($631M), Mexico ($419M), China ($349M), Germany ($210M), and India ($178M), and imported mostly from China ($2.02B), Germany ($1.19B), Mexico ($1.18B), South Korea ($1.17B), and Japan ($763M).
Growth In October 2022, the increase in Georgia's year-by-year exports was explained primarily by an increase in exports to China ($235M or 126%), Chile ($64.4M or 89.3%), and Canada ($34.7M or 8.13%), and product exports increase in Cars ($203M or 195%), Computers ($45.6M or 182%), and Gas Turbines ($30.9M or 44.4%). In October 2022, the increase in Georgia's year-by-year imports was explained primarily by an increase in imports from Mexico ($248M or 39.6%), China ($167M or 10.2%), and Belgium ($150M or 128%), and product imports increase in Vaccines, blood, antisera, toxins and cultures ($174M or 133%), Telephones ($149M or 220%), and Other Furniture ($77.2M or 57.2%).