Investor Presentaiton

Imports of goods Exports of goods Source: GeoStat, NBG 5.5% 3.3% Manageable impact of regional instability Dependence on Russia and Ukraine in 2021, as % of GDP 2.4% 2.2% 0.8% 0.3% Tourism revenues Russia Remittances FDI Imports of goods Exports of goods 1.6% 0.9% Tourism revenues Ukraine 0.5% 0.1% Remittances FDI Despite considerable dependence on Russian and Ukrainian markets, Georgia's external flows remain strong amid ongoing military conflict in Ukraine Imports and exports have been redirected to alternative markets thanks to trade diversification (EU, Turkey, China, among others) Loss of remittances from Russia and Ukraine have been compensated by stronger inflows from EU countries and the US Arrival of migrants from Russia and Ukraine have resulted in increased tourism revenues from these countries 5

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