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Goods Exports (BoP, USD) rose 6.19% to USD 8.62 bil in Georgia in 2024

Goods Exports (BoP, USD) (USD bil), 2024
Economy | Georgia | September 1, 2025
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Goods exports as a part of the balance of payment rose 6.19% to USD 8.62 bil in Georgia in 2024, according to the National Statistical Office.

Historically, goods exports as a part of the balance of payment in Georgia reached an all time high of USD 8.62 bil in 2024 and an all time low of USD 0.300 bil in 1998. When compared to Georgia's main peers, goods exports as a part of the balance of payment in Armenia amounted to USD 12.9 bil, USD 26.0 bil in Azerbaijan, USD 433 bil in Russia and USD 258 bil in Turkey in 2024.

Georgia has been ranked 77th within the group of 103 countries we follow in terms of goods exports as a part of the balance of payment, 33 places above the position seen 10 years ago.

Goods Exports (BoP, USD) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Armenia USD bil 2.72 3.36 2.72 3.28 5.71
Azerbaijan USD bil 20.8 19.9 12.6 21.7 42.2
Bulgaria USD bil 32.7 32.6 31.2 40.6 49.5
China USD bil 2,417 2,387 2,510 3,216 3,347
Georgia USD bil 4.41 4.95 4.35 5.54 7.54
Germany USD bil 1,369 1,314 1,213 1,444 1,475
Greece USD bil 38.2 36.3 33.0 46.2 56.4
Iran USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Iraq USD bil ... 86.4 81.6 46.9 73.1 118 ...
Japan USD bil 736 695 631 750 752
Russia USD bil 444 420 334 494 592
Turkey USD bil 179 182 168 225 253
USA USD bil 1,677 1,655 1,434 1,766 2,090