Exports in Georgia

Georgia Exports | Economic News & Forecasts

Georgia - Exports

The economy kicked off 2022 on a strong footing, after GDP expanded at a solid pace in Q4 2021. Economic activity growth averaged markedly higher in January–March compared to Q4, partly thanks to skyrocketing merchandise exports and solid activity in the manufacturing and transportation sectors. That said, momentum slowed considerably in March, as the fallout from the war in Ukraine—including soaring inflation, a weaker lari, flatlining remittances and trade disruptions—bruised household spending and constrained the external sector. Growth is likely easing further in Q2, as the war in Ukraine bodes ill for the investment climate, private spending and the key tourism sector. Notably, on 28 April, Moody’s cut Georgia's ‘BA2’ credit rating to negative from stable, citing geopolitical risks stemming from Georgia's "frozen" conflicts with Russia over South Ossetia and Abkhazia.

Georgia - Exports Data

2015   2016   2017   2018   2019  
Exports (USD billion)3.0  2.9  3.6  4.4  4.9  

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Georgia Facts

Value Change Date
Exchange Rate2.860.0 %Jan 01
Stock Market0.10.55 %Jan 07

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