Georgia - Market OpportunitiesGeorgia - Market Opportunities
Georgia remains an attractive market among countries in the region. The government has increased its focus on developing the infrastructure, energy, tourism, and agriculture sectors and has received substantial support from international donors. Materials, expertise, and equipment for these sectors is in demand.
Construction of roads, energy distribution infrastructure, water systems, hotels, and office space is expanding across Georgia, presenting opportunities for producers of building equipment and materials and providers of architectural and engineering services. Infrastructure is the second largest expenditure in the national budget.
Since consumers’ purchasing power is somewhat constrained, consumers are principally interested in processed foodstuffs, used automobiles, and aftermarket accessories. The food processing industry holds particular opportunities given Georgia’s agricultural potential, and agricultural machinery and processing lines are in demand.
Information technology, systems, and software are needed to support new business growth.
International organizations and foreign governments have procurement needs that can be filled by U.S. exporters. These agencies include but are not limited to the World Bank, Asian Development Bank, European Bank for Reconstruction and Development (EBRD), and USAID. The Millennium Challenge Corporation (MCC) concluded its first compact with Georgia in 2011; the second compact entered into force in 2014 and ended in July, 2019. As part of that second compact, Georgian students received technical/vocational training as well as U.S. bachelor’s degrees in science, technology, engineering and mathematics.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
Construction of roads, energy distribution infrastructure, water systems, hotels, and office space is expanding across Georgia, presenting opportunities for producers of building equipment and materials and providers of architectural and engineering services. Infrastructure is the second largest expenditure in the national budget.
Since consumers’ purchasing power is somewhat constrained, consumers are principally interested in processed foodstuffs, used automobiles, and aftermarket accessories. The food processing industry holds particular opportunities given Georgia’s agricultural potential, and agricultural machinery and processing lines are in demand.
Information technology, systems, and software are needed to support new business growth.
International organizations and foreign governments have procurement needs that can be filled by U.S. exporters. These agencies include but are not limited to the World Bank, Asian Development Bank, European Bank for Reconstruction and Development (EBRD), and USAID. The Millennium Challenge Corporation (MCC) concluded its first compact with Georgia in 2011; the second compact entered into force in 2014 and ended in July, 2019. As part of that second compact, Georgian students received technical/vocational training as well as U.S. bachelor’s degrees in science, technology, engineering and mathematics.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.