Contemporary Statistical Trends of Export of Goods From Georgia to Latvia




Export of goods, statistical analysis, trend, commodity structure


Despite the improvement of the indicators of Georgia's export relations with the European Union, the balance of foreign trade with many countries, including Latvia, is negative. It amounts to −29 357.00 thousand US dollars, and compared to the previous year, it has increased by 27 %. The aim of the paper was to analyze the main trends of exports from Georgia to Latvia. Statistical research methods were used in the research process. In general, export relations with Latvia are characterized by an increasing trend. During the study period, during the last ten years, exports grew by an average of 8.8 % annually and were characterized by a rather diverse commodity structure. The range of growth rates varied between 77.6 % and 135 %, and its magnitude varied at different stages. In 2022, Georgia’s exports to Latvia increased by 31.2 % compared to the previous year and by 35 % compared to 2019. During the research period, there were no significant changes in the product structure, and the main export products were wine of fresh grapes, petroleum and petroleum oils, undenatured ethyl alcohol, spirits, liqueurs and other spirituous beverages, waters, natural or artificial mineral and aerated waters, etc. The volume of local exports to Latvia is increasing. In 2014–2022, it grew by an average of 3.7 % annually, although the share of local exports in total exports to Latvia fell from 92 % in 2014 to 67.7 % by 2022. Instead, the volume of re-exports increases. In the same period, the re-export volume increased by 28.3 % annually. The commodity structure also changed slightly.


Abesadze, N., & Abesadze, O. (2018). European Values and Georgia: Historical Aspects. International Journal of Economic Theory and Application, 5(2), 33–37.

Abesadze, N. (2015). The Statistic Indexes of Penetrating the Products Manufactured in Georgia into European Market. ICEM (pp. 569–573). Elsevier.

Aslamazishvili, N., & Gelashvili, S. (2018). Statistics of international economic relations. Publishing House “Kalmosani”.

Chania, M., & Putkaradze, R. (2022). The Priorities of Georgian Economic Development in Conditions of Globalization. European Journal of Marketing and Economics, 5(2), 16–22.

Dzebisauri, L. (2020). A brief statistical retrospective of COVID-19 and Georgia's foreign sector. In Challenges of Globalization in Economy and Business (pp. 514–519). TSU.

Gaganidze, G. (2018). Actual issues of Georgia's export potential management. TSU.

Gaganidze, G., & Ramishvili, B. (2018). Foreign Trade of Georgia and East and Central European States Comparative Analysis. Ecoforum Journal, 7(2).

Gelashvili, S. (2017). GeorgiaIndia Trade Relations in the Post-Soviet Period: Statistical Analysis. In Challenges of Globalization in Economics and Business (pp. 122–130). TSU.

Gelashvili, S., Abesadze, N, & Abesadze, O. (2015). Expected Trends in Trade Relations between Georgia and European Union. Folia Pomeranae Universitatis Technologiae Stetinensis. Oeconomica, 37–46.

Kharaishvili, E., & Gechbaia, B. (2023). The Impact of Sustainable Transportation on the Development of Food Markets. International Scientific Journal Innovative Economics and Management, 10(2), 129–139.

Lekashvili, E. (2022). The challenges of Georgia’s economic policy in achieving sustainable development goal 9 in the COVID-19 pandemic period. 6th Feb International Scientific Conference: Challenges in Economics and Business in the Post-Covid Times (pp. 22–32). University of Maribor.

Mekvabishvili, E., & Atanelishvili, T. (2017). Personal Remittances in the Post-Soviet Countries. Bulletin Of The Georgian National Academy Of Sciences, 11(3), 157–164.

Mgebrishvil, B., & Zubiashvili, T. (2021). Georgia’s Trade Relations with CIS and EU Member States. Ecoforum Journal, 10(3).

National Statistics office of Georgia. (2023).

Papava, V. (2020). Georgia's European path in the conditions of pandemic deglobalization. Tbilisi, Georgia.

Silagadze, A., & Atanelishvil, T. (2020). Georgia – CIS Trade Relations: The Problems of The Russian Market. Academic Journal of Science, 10(1), 53–58.

Silagadze, A., & Zubiashvili, T. (2015). Parameters of the European Union and The Post-Soviet Georgia’s Economy. International Journal of Multidisciplinary Thought, 05(3), 441–448.

Silagadze, A., & Zubiashvili, T. (2016). Georgia’s Economy Against The Background of the Associate Agreement with The European Union. International Journal of Business and Management Studies, 05(02), 533–540.

Veshapidze, S., & Putkatadze, R. (2023). International Economic Relations of Georgia at the Modern Stage of Globalization. Ekonomisti, 1, 57–69.




How to Cite

Abesadze, N., Gelashvili, S., & Abesadze, O. (2024). Contemporary Statistical Trends of Export of Goods From Georgia to Latvia. Economics and Business, 38, 23-33.