Transportation and Logistics Sector in Georgia
Transportation and logistics sector in Georgia is a vital pillar of the economy, facilitating domestic and international trade. Notably, Georgia’s strategic location along the Middle Corridor enhances its significance as a key transit hub connecting Europe and Asia.
In 2023, Georgia’s transportation and storage sector experienced moderate growth, with its contribution to GDP increasing by 5.1% despite facing challenges like disruptions in trade with Russia. Although the sector’s share of total gross output declined slightly (-0.8 percentage points, YoY), it remains vital, contributing 6.5% to the national economy’s overall output.
Looking ahead, Georgia’s transportation and logistics sector is expecting further growth and development. Despite recent challenges, the sector’s strategic location along the Middle Corridor presents promising opportunities for expansion. With ongoing efforts to enhance infrastructure and connectivity, Georgia is well-positioned to strengthen its role as a key transit hub between Europe and Asia.
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