Trade turnover with the European Union has increased

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- which companies trade the most with the EU?
Georgia European Union


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According to data from the first 11 months of 2024, Georgia-EU trade turnover increased by 9.2% and amounted to $4.5 billion.

The bulk of trade with the EU comes from imports, Canada business fax list which are almost 8 times larger than exports. According to Geostat, EU countries account for 8.5% of Georgia's total exports and 26.5% of imports.

Export to the EU

According to Geostat, in January-November, exports to the EU market amounted to 510.4 million dollars, which represents a 24% annual decrease.

The top five goods exported from Georgia to the EU in the past 11 months are as follows:

Hazelnuts and other nuts - $55.4 million dollars;
Copper ores and concentrates - $54.8 million;
Precious metal ores and concentrates - $39.8 million;
Natural grape wines - $30.8 million;
Oil and petroleum products - $30.6 million dollars.

BMG requested information from Geostat about the largest exporters to the EU market. The top 10 exporters in January-November are as follows (not ranked) :

IDEA Borjomi Georgia, Georgian branch of IDEA Borjomi Beverages Company LLC
JSC RMG Copper
JSC Rustavi Azoti
Caucasian Metals Terminal LLC
Atlantic Georgia LLC
Palati LLC 2022
Rustavi Steel LLC
Geo Logistics LLC
Georgian Products LLC
Georgian Manganese LLC

Import from EU

In 11 months, imports from the European Union amounted to $4 billion, which is 15.6% higher than the same period last year.

The top five goods imported from the EU in January-November are as follows:

Passenger cars - $ 706.4 million;
Oil and petroleum products - $ 402.1 million;
Packaged medicines - $270.2 million;
Trucks - $98.2 million;
Telephones, including telephones designed for cellular networks or other wireless networks - $75.4 million.

BMG requested information from Geostat on the largest importers from the European Union. The top 10 importers in January-November are as follows (not ranked):