In January-March 2023 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 4 783.7 million, 22.1 percent higher to the same period of 2022. The exports equaled USD 1 461.5 million (24.7 percent higher), while the imports stood at USD 3 322.2 million (21.0 percent higher). The negative trade balance was USD 1 860.6 million in JanuaryMarch 2023 and its share in external trade turnover constituted 38.9 percent.

In January-March 2023 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 80.9 percent. The top partners were Armenia (USD 216.9 million), Azerbaijan (USD 180.7 million) and Russia (USD 176.9 million).

In January-March 2023 the share of the top ten trading partners by imports in the total imports of Georgia amounted to 69.4 percent. The top partners were Turkey (USD 568.7 million), Russia (USD 490.0 million) and United States (USD 261.8 million).

In January-March 2023 the share of the top ten trading partners in the total external trade turnover of Georgia amounted to 67.9 percent. The top trading partners were Turkey (USD 673.7 million), Russia (USD 666.9 million) and China (USD 376.0 million).

In January-March 2023 motor cars claimed the first place in the list of top export items, equaling USD 411.8 million with 28.2 percent of total exports. The exports of copper ores and concentrates totaled USD 205.7 million and their share in the total exports amounted to 14.1 percent. The exports ferro-alloys occupied the third place standing at USD 81.8 million and constituting 5.6 percent of the total exports.

The top import commodities in January-March 2023 were motor cars, whose imports equaled USD 474.5 million (14.3 percent of the total imports).

The petroleum and petroleum oils followed in the list with USD 251.2 million (7.6 percent of imports). The petroleum gases and other gaseous hydrocarbons were third in the top import commodity list with USD 225.0 million (6.8 percent of imports).