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Trade

Georgia

EU trade relations with Georgia. Facts, figures and latest developments.

Country or region
  • Georgia
Trade topics
  • Negotiations and agreements
  • Trade policy

The EU and Georgia signed an Association Agreement on 27 June 2014. It has been in force since 1 July 2016.

The agreement introduces a preferential trade regime – the Deep and Comprehensive Free Trade Area (DCFTA). This regime increases market access between the EU and Georgia based on having better-matched regulations. The DCFTA has been provisionally applied since 1 September 2014.

Georgia has been a member of the World Trade Organisation since 2000.

Trade picture

  • The EU is the main trade partner of Georgia. 20.9% of its trade takes place with the EU, followed by Turkey (13.8%) and Russia (11.1%).
  • EU trade with Georgia accounts for 0.1% of its total trade, with a turnover of around €4.36 billion in 2023.
  • EU exports to Georgia amounted to €3.6 billion in 2023, an increase of 11.9% compared to the previous year. The key export products are mineral products, machinery and appliances, and transport equipment.
  • The key EU imports from Georgia include mineral products, chemical products, and textiles. The EU imported goods to the value of €752 million from Georgia in 2023, with imports decreasing by 27.5% since 2022.

The EU and Georgia

  • The DCFTA creates a closer economic integration of Georgia with the EU based on reforms in trade-related areas. It is based on the principles of the World Trade Organisation.  It removes all import duties on goods and provides for broad mutual access to trade in services. It allows EU and Georgian companies to set up a subsidiary or a branch office on a non-discriminatory basis. This allows the foreign company to benefit from the same treatment as domestic companies in the partner’s market.
  • The DCFTA is a vehicle to allow to bring Georgian trade-related legislation closer to selected pieces of the EU legal framework. This will improve governance, strengthen the rule of law and provide more economic opportunities by expanding the EU market to Georgian goods and services. It will also attract foreign investment to Georgia.

Georgia and the European Neighbourhood Policy

Georgia is a partner country of the Eastern Partnership within the European Neighborhood Policy. In 2014, the EU and Georgia agreed an Association Agenda. The Agenda outlines the priorities for reform in Georgia, and is based on the commitments included in the 2014 Association Agreement. On 6 September 2022, the revised Association Agenda for 2021-2027 was adopted.

On 3 March 2022, Georgia presented its application for EU membership. On 17 June 2022, the European Commission presented its opinions on the applications for EU membership submitted by Ukraine, Georgia and the Republic of Moldova. 

Based on the Commission’s opinion on Georgia’s application for EU membership, Georgia was given an EU membership perspective on 23 June 2022, by unanimous agreement between the leaders of all 27 EU Member States. 

Georgia was granted candidate status on 14 December 2023, on the understanding that the relevant steps set out in the Commission recommendation of 8 November 2023 are taken. 

The EU issues annual implementation reports to document the steps undertaken by Georgia in the reform process.

Committees and Dialogues

The EU and Georgia meet regularly to discuss issues and best practices and oversee the proper functioning of the Agreement.

Technical committee meetings - agendas and reports

Trading with Georgia