Georgia's Economic Dependence on Russia Shifts Amidst Declining Revenue and Increased Gas Imports
Georgia's economic reliance on Russia is undergoing a transformation, as detailed in a study by BM.ge covering data from 2021 to 2026. While revenue from Russian remittances, tourism, and overall exports has decreased, Russia's share of Georgia's natural gas supplies has significantly increased. In 2025, Russia's contribution to Georgia's gas imports rose from 15.3% to 27.9%, though Azerbaijan remains the primary supplier at 71.7%. Additionally, Russia continues to be a crucial market for Georgian wine and spirits, accounting for approximately 64% and 56% of these exports, respectively, in 2025. The study highlights that despite a decline in overall revenue from Russia, certain sectors, particularly energy and traditional exports, show persistent or increased dependence.
