In the first quarter of 2026, Georgia's automotive market recorded a noticeable decline in activity. Imports of passenger cars fell by 26.1%, while exports dropped by 27.2%. Despite the decline, the country continues to remain a major hub for vehicle re-export.
From January to March, Georgia imported passenger cars worth $632.2 million, with a significant portion - about $364.5 million - intended for further export. The main supplier remains the United States, which accounts for nearly 60% of imports, followed by Germany, Japan, the United Kingdom, and a number of other countries.
Kyrgyzstan and Kazakhstan lead the export structure, followed by Azerbaijan, Tajikistan, and Armenia. Since April 2026, new excise tax rates on car imports have been in effect in the country, which may affect market dynamics in the coming months, especially in the re-export segment.
