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Journal number 3 ∘ Rusudan Sirbiladze
Georgia – US Economic Relations (Current Status and Prospects)

 doi.org/10.52340/eab.2025.17.03.02

In studying the economy, it is essential to engage with reality – examining what is truly occurring both within the domesticsphere and in the broader context of international integration. Our research explores contemporary economic processes alongside emerging perspectives shaped by global interconnectedness. Economic existence, as we understand, is transmitted across generations. According to the Holy Scriptures, God created man in His image within the visible world, appointing him as steward over the creatures. He endowed humanity with freedom and bestowed a unique dignity, entrusting individuals with the moral responsibility to choose between good and evil, life and death – decision left to the discretion of free will.
The nature of life, its security, and the fulfillment of ever-evolving human needs ultimately depend on individual agency. Economics provides a lens through which we understand how to align our developed needs with available opportunities, enabling us to live prosperously within an advanced society and pursue sustainable economic development. In this context, the human will is expressed through the heart, soul, mind, and word – each requiring thoughtful care and deliberate attention.
It is of particular importance to leverage existing economic processes in order to improve living standards. In pursuit of this goal, we examine potential avenues for integration with the United States economy – an approach that may offer valuable opportunities for strengthening domestic economic growth. Our analysis begins with foundational considerations. Economic growth stands in direct contrast to poverty, which is driven primarily by unemployment rather than a lack of industrial development. Rising global unemployment contributes to economic contraction and exacerbates socioeconomic disparities. Notably, inequality between countries is accelerating at an unprecedented rate. Whereas the previous century witnessed relatively few economic crises, the 21st century has been marked by increasing volatility, with major disruptions occurringapproximately every 3 to 5 years.
Addressing economic crises has become a central challenge in the post-crisis period. The manner in which a crisis is managed and stabilized plays a decisive role in shaping the future development of the economy – both nationally and globally. On this scale, economic crises exert a detrimental impact on key indicators of growth, particularly when industrial sectors are disrupted, production is halted, unemployment rises, job creation stalls, and inflation remains unchecked.
The proper development of Georgia\\'s economy must serve as the fundamental objective, rationale, and instrument of economic activity. This entails enhancing export potential, revitalizing domestic production, redirecting financial resources from speculative trading toward the real economy, and fostering an innovative economic system grounded in contemporary scientific and technological advancements. Equally essential are the development of a socially oriented economic framework, the dismantling of monopolistic structures, and the establishment of a competitive environment that ensures equal opportunities for all economic actors. These processes are not merely aspirational – they constitute the foundational pillars for the sustainable and equitable development of Georgia\\'s economy.
The economy is the driving force of social life; without it, the development of the country and overall progress is unattainable. Each day in a person\\'s life is shaped by economic forces, influencing decisions, behaviors, and and outcomes. At the same time, economy is a complex, dynamic, and inherently imprecise discipline – one that accommodates diverse perspectives and methodological approaches to the same issue. This complexity necessitates continuous research and critical analysis.
Economics encompasses all areas of public life and maintains constant interaction with various sectors. Strengthening the economy and thereby improving living standards – depends on the development, modernization, and integration of these interconnected sectors.
Economic development, in its fullest sense, must be grounded in Orthodox Christian values and closely linked to education and scientific advancement. The moral integrity of society, the cultivation of knowledge, and the pursuit of scientific progress are foundational objectives that the economy must serve. Moreover, the formation of a developed market economy requires the establishment and preservation of democratic governance its core principles. Within this framework, economic actors bear a distinct responsibility to uphold ethical standards and contribute to the collective well-being.
An economic actor must cultivate a strategic vision by aligning with the technologies and principles of a market economy, and by adopting behavior informed through cause-and-effect analysis. The underlying cause is the resolution of existing challenges to achieve economic stabilization; the desired effect is sustained economic growth within the framework of sustainable development. For a small country such as Georgia, attaining this progress is not feasible in isolation – it requires meaningful cooperation with international partners.
The United States maintains a close partnership with Georgia to advance shared security and counter-terrorism objectives. This collaboration includes bilateral assistance in the security sector, notably through English-language instruction and military vocational training provided under the International Military Education and Training (IMET) program. The multi-year Georgia Train and Equip Program (GTEP), which concluded in 2004, successfully fulfilled its goals objectives.
The United States is among Georgia’s largest trade partners and foreign investors. With a long-standing relationship across various sectors, the U.S. has implemented many programs to support Georgia’s development and, in recent years, has emerged as one of the country’s most significant economic allies. Our analysis examined Georgia’s foreign trade turnover, including registered exports and imports of goods, as well as the overall trade balance. In 2024, Georgia\\'s top 10 trading partners were: Turkey, Russia, the United States, China, Germany, Azerbaijan, Kyrgyzstan, Kazakhstan, Armenia, and Japan.
We conducted a detailed examination of Georgia’s export-import dependencies and overall foreign trade turnover with its principle trading partners. This analysis included a review of the relative share of the largest export and import countries in Georgia’s total trade volume. In 2024, the top 5 imported goods from the U.S. were as follows: Passenger cars – $1.249 billion, 103,206 units
1. Hazelnuts and other nuts – $18.6 million, 3,153 tons
2. Food products – $5.3 million, 129 tons
3. Cosmetic products – $4.6 million, 68 tons
4. Motorcycles and bicycles – $4.4 million, 676 units

The top 5 exported goods to the U.S. were:
1. Ferroalloys – $59 million, 48,056 tons
2. Natural grape wines – $5.9 million, 994 tons
3. Aircraft parts – $5.2 million, 23.9 tons
4. Steel pipes and tubes – $4.9 million, 4,632 tons
5. Fruit and vegetable juices – $3.8 million, 2,596 tons
Our analysis clearly demonstrates the steady growth of Georgia-U.S. trade over recent years, particularly in the area of exports. Such bilateral relations offer Georgia a valuable pathway for strengthening its economy and improving key economic growth indicators, thereby contributing to long-term sustainable development.
This is especially critical in the current era of globalization, where every country seeks to secure a meaningful and competitive position within the global world. Achieving this requires the strategic application of modern innovations and pursuit of a dignified and fitting role in the international arena. Countries that have achieved economic success have done so by grounding their development in science, education, and advanced technologies. Georgia must similarly draw upon these principles – adapting them through its own political, economic, and scientific lens, and in alignment with its internal context. Such an approach will enable deeper integration with the United States and serve as a catalyst for sustained economic advancement.

Keywords: Economic integration, US economy, innovations, global challenges, exports, imports, foreign trade.
JEL Codes: O10, O11, O19, F14, F15

References: 
• Ilia II Catholicos Patriarch of Georgia (2025). sakartvelos katolikos patriarkis saaghdgomo epistole [Easter Epistle] in Georgian
• Beridze T.( 2024). ekonomikuri kvlevebis antologia [Anthology of Economic Research, p.12,16. Publishing House “Universal”] in Georgian
• Mekvabishvili E. (2024). teoriuli ekonomikis akhali paradigmebis dzieba. [Search for New Paradigms of Theoretical Economics. p. 394. TSU Publishing House] in Georgian
• Papava G. (2012). ekonomikuri realobisadmi morpologiuri midgoma. [Morphological Approach to Economic Reality. TSU Paata Gugushvili Institute of Economics Publishing House, p.5.] in Georgian
• Relations between the United States and Georgia https://ka.wikipedia.org/wiki
• US-Georgia Charter on Strategic Partnership. What is the Georgia-US Economic Union? /https://bm.ge/news/ https://Ka.m.vikipedia
https://www.geostat.ge/media
https://www.mof.ge/export_importis_informacia
https://www.geostat.ge/ka/modules categories/765/sakonlit-sagareo-vachroba