Total foreign trade between Georgia and the European Union has continued to expand over the past decade, reaching €5 billion in 2024, according to a statement released by the EU Delegation in Georgia.

The EU remains Georgia’s largest trading partner, accounting for 22% of the country’s total trade.

Since the signing of the Deep and Comprehensive Free Trade Area (DCFTA) in 2014, Georgia has enjoyed access to one of the world’s largest markets — over 450 million consumers — with zero customs duties on almost all products, simplified border procedures, and closer regulatory alignment with EU standards.

As a result, the number of Georgian companies exporting to the EU has nearly doubled, and trade between the two sides has become a story of “growing trust, opportunity, and shared prosperity,” the statement noted.

The EU Delegation also highlighted that aligning with EU standards has led to higher product quality and safety, while boosting the competitiveness of Georgian businesses.

While many opportunities under the DCFTA are still being explored, the Embassy emphasized that the consistent upward trend over the past decade demonstrates the resilience and growing ambition of Georgian small and medium-sized enterprises seeking to expand into the EU market.