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Georgia’s attractive business climate drives record-breaking domestic exports in June - Deputy Economy Minister

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“June saw a record-breaking surge in domestic exports, with growth exceeding 50%,” announced Vakhtang Tsintsadze, the Deputy Minister of Economy and Sustainable Development, whilst discussing last month’s export trends.

In June 2026, total exports rose by 20.4% to an all-time high for June at USD 770.8 million. Domestic exports (which exclude re-exports) grew by 50.5%, amounting to USD 469 million, compared to June last year.

As Vakhtang Tsintsadze pointed out, this positive momentum and record performance are underpinned by the country’s attractive business climate, which serves as a vital anchor for both domestic and international companies operating in the Georgian market.

“This environment encourages both local and international companies to enter the Georgian market, enabling them to launch or expand production across various sectors. Ultimately, this success is reflected not only in exports but also in economic growth, employment, and other key macroeconomic indicators,” the Deputy Minister stated.

Looking at the cumulative figures for January–June 2026, total exports rose by 20.0% to hit a record volume of USD 3,876.3 million. Over the same period, domestic exports grew by 62.6%, totalling USD 2,391.8 million.

Total trade turnover also achieved notable growth last month. June’s turnover reached a record USD 2,396.2 million, up 11.3% compared to the same period last year. For the first half of 2026 as a whole, overall trade turnover increased by 5.8%, reaching a record USD 12,925.4 million.

“Our overarching objective and goal is to sustain these high levels of economic growth within the country. All these figures serve as further proof that business activity is expanding, domestic production is on the rise, and the volume of goods exported from our country is increasing. Ultimately, this will continue to yield positive outcomes for Georgia’s national development indicators,” Vakhtang Tsintsadze concluded.

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image Five leading commercial banks to transform their treasury infrastructure using Nasdaq Calypso system - NBG

21.07.2026.19:29

Five leading Georgian commercial banks, Bank of Georgia, TBC Bank, Liberty Bank, Terabank and Basisbank, will transform their treasury infrastructure using the Nasdaq Calypso system, an internationally recognised platform, the National Bank of Georgia (NBG) announced.

According to the NBG, Nasdaq is announcing this development to the public via a banner displayed in New York’s Times Square.

The NBG further stated that the Nasdaq Calypso shared platform is being implemented with the support of the National Bank of Georgia and under the auspices of the Georgian Financial Markets Treasury Association, providing the reliable, world-class infrastructure needed to foster the further growth of the banking sector.

“This initiative, which is being implemented within the framework of the “Georgia Financial Markets Development Program” (GMAP) and coordinated by the Georgia Financial Markets Treasury Association (GFMTA), represents a significant milestone in the development of Georgia’s financial markets.

The partnership with Nasdaq represents another important milestone in the transformation of Georgia’s commercial banks and will support their integration into the global banking system,” the NBG said.

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