Overview of the Georgian market
Georgia is located in the central and western part of the South Caucasus, bordering Russia in the north, Azerbaijan in the southeast, Armenia in the south, Türkiye in the southwest, and the Black Sea in the west. With four distinct seasons, pleasant climate, rich in wine and mineral water, Georgia is a good tourist resort, known as “God’s backyard”. Georgia’s location is crucial as it serves as a gateway to Europe from the Caucasus, making it an important transit trading country. Currently, 80% of port cargo and 60% of railway transportation are transit goods.
According to the National Bureau of Statistics of Georgia, the GDP of Georgia increased by 7.5% year-on-year in April 2025.
In recent years, Georgia has also discovered abundant oil and gas resources in the western, eastern, and Black Sea regions.
Overview of Georgia’s Foreign Trade
In January and February 2025, the total foreign trade volume reached 3.568 billion US dollars, a year-on-year increase of 15.6%. Among them, imports increased by 19.6% (2.732 billion US dollars), exports increased by 4% (835 million US dollars), and the trade deficit expanded to 1.897 billion US dollars. The overall growth rate of foreign trade in the first quarter of 2025 reached 16.1%, indicating abundant market vitality.
The Georgian market has the following advantages:
① The important node connecting the Eurasian continent on the Silk Road;
② One of the freest and most competitive trading systems in the world, with 85% of products eliminating import tariffs and exports exempt from value-added tax;
③ Products produced in Georgia can enter the EU market without tariffs;
④ Enterprises registered in the Free Industrial Zone of Georgia are entitled to 0% corporate income tax.