Georgia’s petroleum product exports exceeded $200 million in the first quarter of 2026, preliminary data from the National Statistics Office (Geostat) shows.
From January to March, the country exported $208 million worth of petroleum products, the majority of which — $200.7 million — were domestically produced goods.
Passenger cars remained the leading export category at $364.5 million over the three-month period, though these figures largely reflect re-exports.
Petroleum products, however, outperformed precious metal ores and concentrates, which totaled $169.9 million in the same period.
Petroleum exports recorded a sharp year-on-year increase of 698.3% compared to the first quarter of 2025, while exports of domestically produced petroleum products surged by 3,714%, up from $5.2 million a year earlier.
Togo emerged as the main destination for Georgian petroleum products, importing $19 million in February and $36.4 million in March. In March alone, shipments also went to Turkey ($23.9 million), China ($22.8 million), Morocco ($16.8 million), and Libya ($11.4 million).
Georgia began producing and exporting petroleum products after the launch of the Kulevi refinery, which processes oil supplied from Russia.
Crude oil imports from Russia stood $15.2 million in January, rose to $34 million in February, and reached $69.2 million in March, Geostat says. Over the quarter, Georgia imported $118.5 million (298,000 tons) worth of Russian oil.
