ICC-Georgia, in partnership with EBIT Group, published data revealing that Georgia’s Foreign Economic Dependence Index increased from 9.27 million to 10.23 million in the second quarter of 2025.
The rise reflects stronger exports, big tourism revenues and a rebound in foreign direct investment (FDI), even as remittance flows into the country declined.
Performance varied across trading partners:
- European Union (EU): Imports and exports both rose, with growth also seen in tourism and investment.
- Russia: Imports fell but exports and tourism revenues increased. Money transfers declined, while FDI posted modest gains.
- Turkey: Trade volumes and FDI strengthened, though tourism income and remittances contracted.
- Azerbaijan & Armenia: Exports increased and imports dropped, but investment flows weakened.
- China: Both imports and exports surged, though FDI turned negative.
- United Kingdom: Exports doubled and FDI rebounded strongly, contrasting with collapsing imports.
- United States: Exports rose and remittances improved, but FDI slipped into negative territory.
- Other partners: Broad-based gains in trade, tourism, and FDI provided a key boost.
The report shows Georgia’s growing integration into global markets, supported by trade and tourism but notes ongoing vulnerabilities due to declining money flows and uneven investment patterns.
