It is worth noting that it is planned to start negotiations on a free trade agreement between the two countries from 2024. Georgia and Israel started working on signature of the agreement in 2018.
In 2022, products worth $22 million were exported from Georgia to Israel, which is 5.7% more than the export volume of 2021.
TOP-10 exported products are:
1. Mineral waters with sugar additives, including carbonated ones - $5 million, 7,020 tons;
2. Coffee, tea or mate extracts, essences and concentrates - $2 million, 262 tons;
3. Non-denatured ethyl alcohol - $2 million, 225 tons;
4. Equipment for transmitting radiotelephony, radio broadcasting and television - $2 million, 3 tons;
5. Mineral and fresh waters - $1.5 million, 2 196 tons;
6. Plywood glued, wood veneered panels and similar materials - $1.4 million, 497 tons;
7. Optical elements - $1.1 million, 1 ton;
8. Natural grape wines - $1 million, 438 tons;
9. Aircraft parts - $955 thousand, 4 tons;
10. Fruits and vegetables - $842 thousand, 634 tons.
In 2022, the import [worth $16,453 million] volume increased by 56.8% compared to 2021.
TOP-5 imported products are:
1. Telephone devices - $2.3 million;
2. Machines and mechanisms for harvesting or harvesting agricultural crops - $2.3 million, 66 tons;
3. Cosmetics or makeup and skin care products - $1.4 million, 41 tons;
4. Surface-active organic substances; Washing and cleaning products - $1.1 million, 527 tons;
5. Tiles and sheets made of other polymer materials - $519 thousand, 139 tons.
Georgia purchased a small amount of hair products, electric machines, stone or other mineral products, used clothes and products, waxes and ointments for shoes, fruit and vegetable juices and other goods from Israel.
According to official statistics, in the last 10 years, the trade between the countries reached its highest level in 2014 and amounted to $46 million.