Georgia's Services Exports Rise 10.3% to $8.57bn as IT Sales Jump 51.5%

Georgia's exports of services rose 10.3 per cent to USD 8,572.9 million in 2025, while exports of telecommunications, computer and information services jumped 51.5 per cent to USD 1,371.3 million, the National Statistics Office of Georgia (Geostat) said on 30 October.

Imports of services grew 1.3 per cent to USD 3,863.6 million, according to Geostat's international trade in services report for 2025. The surplus on services trade widened 19.1 per cent to USD 4,709.4 million.

Travel first, IT third

Travel reclaimed first place among Georgia's services exports, with USD 4,690.2 million, up 6.0 per cent and equal to 54.7 per cent of the total. Transport followed with USD 1,749.3 million, up 1.9 per cent, or 20.4 per cent of exports.

Telecommunications, computer and information services were third, with a 16.0 per cent share, up from 11.7 per cent in 2024. By CBJ's calculation, the category added about USD 466.1 million in a year, more than half of the USD 803.8 million increase in total services exports.

Financial services exports grew 11.6 per cent to USD 280.1 million. Charges for the use of intellectual property rose 64.4 per cent to USD 45.0 million, from a small base. Exports of personal, cultural and recreational services fell 25.0 per cent to USD 37.0 million.

Who buys Georgia's services

Türkiye was the largest buyer, with USD 958.6 million, 2.2 per cent less than in 2024. Russia followed with USD 899.2 million, down 8.8 per cent, and Israel with USD 686.3 million, up 32.6 per cent. Azerbaijan bought USD 432.5 million, up 2.6 per cent, and Armenia USD 312.8 million, up 12.9 per cent. Kazakhstan's purchases fell 1.7 per cent to USD 244.5 million.

The top ten partners took 54.0 per cent of services exports, and the share of other countries rose to 46.0 per cent from 42.5 per cent.

Imports led by transport

Transport services were the largest import at USD 2,243.4 million, 58.1 per cent of the total and 1.0 per cent less than in 2024. Travel imports, spending by Georgian residents abroad, fell 5.2 per cent to USD 460.8 million. Other business services rose 19.1 per cent to USD 340.2 million.

Türkiye was also the largest supplier, with USD 556.9 million, up 58.4 per cent. Imports from Azerbaijan almost quadrupled, rising 297.7 per cent to USD 156.7 million, and imports from Armenia rose 132.3 per cent to USD 82.5 million. Imports from the United States fell 55.8 per cent and from Russia 52.4 per cent.

The 2026 picture so far

Travel is still carrying volume this year, though spending per visit is lower. Geostat's inbound tourism statistics for the third quarter of 2026 show visits up 3.3 per cent to 2.6 million and visitor spending down 8.2 per cent to GEL 5.7 billion.

Information and communication was also among the activities that contributed significantly to growth in September, according to Geostat's rapid estimate of economic growth, which put real GDP growth at 6.0 per cent for the month and 7.4 per cent for January to September. CBJ covered the estimate in its report on Georgia's September growth.

What it means for business

For investors and service companies in the region, the 2025 data show Georgia's export base broadening beyond tourism: travel's share of services exports fell to 54.7 per cent from 57.0 per cent, while the IT category's rose to 16.0 per cent from 11.7 per cent. Digital services now earn more abroad than all financial, business and government services combined, and they grew 51.5 per cent against 6.0 per cent for travel.

The trade links with neighbours run both ways. Azerbaijan and Armenia are among Georgia's ten largest buyers of services, and imports from both rose sharply in 2025. That matters for transit, logistics and IT companies working across the South Caucasus. On the financing side, CBJ reported this week on ADB's latest loan to Bank of Georgia for regional lending.