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2023
Flag → Flag
Exports $148MRnk 102 / 221
2023
Flag → Flag
Top Product $54.4MPig Meat
2023
Flag → Flag
Exports $2.4MRnk 73 / 158
2023
Flag → Flag
Top Product $545kMedical Instruments
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.13Rnk 55 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH75.7%CURRENT US$
Rnk 33 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC$8,284CURRENT US$
Rnk 94 / 196
2013-2023
Flag
GDP PC GROWTH75.8%CURRENT US$
Rnk 19 / 195

About

Brazil-Georgia Trade: In 2023, Brazil exported $148M to Georgia. The main products that Brazil exported to Georgia were Pig Meat ($54.4M), Raw Sugar ($44.2M), and Poultry Meat ($19.1M). Over the past 5 years the exports of Brazil to Georgia have decreased at an annualized rate of 5.95%, from $202M in 2018 to $148M in 2023.

In 2023, Brazil did not export any services to Georgia.

Georgia-Brazil Trade: In 2023, Georgia exported $2.4M to Brazil. The main products that Georgia exported to Brazil were Medical Instruments ($545k), Special Pharmaceuticals ($298k), and Iron Pipes ($264k). Over the past 5 years the exports of Georgia to Brazil have increased at an annualized rate of 18.3%,  from $1.03M in 2018 to $2.4M in 2023.

In 2023, Georgia did not export any services to Brazil.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $9.12M and imported $41.8k from Georgia, resulting in a positive trade balance of $9.08M. Between December 2023 and December 2024 the exports of Brazil have decreased by $-2.91M (-24.2%) from $12M to $9.12M, while imports increased by $4.78k (12.9%) from $37.1k to $41.8k.

Trade In December 2024, the top exports of Brazil to Georgia were Pig Meat ($4.22M), Frozen Bovine Meat ($1.27M), Poultry Meat ($1.09M), Rubber Footwear ($202k), and Coffee ($145k). In December 2024 the top imports of Brazil from Georgia were Special Pharmaceuticals ($329k), Prepr binder for foundry ($36.4k), Low-voltage Protection Equipment ($9.91k), Knit Men's Suits ($6.74k), and Knit Men's Shirts ($5.78k).

Origins In December 2024 the exports of Brazil were mainly from Santa Catarina ($2.26M), Rio Grande do Sul ($2.12M), Paraná ($1.77M), São Paulo ($1.12M), and Goiás ($871k), while imports destinations were mainly São Paulo ($20.5k), Santa Catarina ($9.15k), Ceará ($6.61k), and Minas Gerais ($5.54k).

Growth In December 2024, the decrease in Brazil's year-by-year exports to Georgia was explained primarily by an decrease in product exports in Poultry Meat ($-1.49M or -57.7%), Pig Meat ($-502k or -10.6%), and Edible Offal ($-137k or -51.9%). In December 2024, the increase in Brazil's year-by-year imports  from Georgia was explained primarily by an increase in product imports  in Low-voltage Protection Equipment ($9.9k or 124k%) and Gas and Liquid Flow Measuring Instruments ($440 or 2.75k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-2.91M(-24.2%)
IMPORT GROWTH (December 2023 - December 2024)$4.78k(12.9%)
MAIN EXPORTER (December 2024)Santa Catarina$2.26M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Georgia and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Georgia and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $148M to Georgia. The main products exported from Brazil to Georgia were Pig Meat ($54.4M), Raw Sugar ($44.2M), and Poultry Meat ($19.1M). During the last 5 years the exports of Brazil to Georgia have decreased at an annualized rate of 5.95%, from $202M in 2018 to $148M in 2023.

In 2018, Georgia exported $2.4M to Brazil. The main products exported from Georgia to Brazil were Medical Instruments ($545k), Special Pharmaceuticals ($298k), and Iron Pipes ($264k). During the last 5 years the exports of Georgia to Brazil have increased at an annualized rate of 18.3%, from $1.03M in 2023 to $2.4M in 2018.

Exports from Brazil (Flag) to Georgia (Flag) (2023)

Exports from Georgia (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Georgia
Top DestinationAzerbaijan$828M

This map shows whether countries import more from Brazil or Georgia. Each country is colored based on the difference in imports they receive from Brazil and Georgia or the difference in the growth in imports.

In 2023, countries that imported more from Brazil than Georgia included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Georgia than Brazil included Armenia ($712M), Azerbaijan ($828M), and Kyrgyzstan ($519M).

Difference in imports from Georgia (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Georgia

Flow
Scale

This chart compares trade between Brazil and Georgia by product, considering products traded by both, Brazil and Georgia.

During 2023, Brazil had a large net trade with Georgia in the exports of Animal Products ($82.9M), Foodstuffs ($47.7M), and Chemical Products ($9.3M).

During 2018, Georgia had a large net trade with Brazil in the exports of Instruments ($552k), Chemical Products ($398k), and Textiles ($339k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Georgia+$4.5MFrozen Bovine Meat
Top Product Potential Georgia Brazil+$788kKnit T-shirts

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brazil and Georgia. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Georgia. Similarly, a dot/product with the flag of Georgia indicates it has a comparative advantage over Brazil.

Product Space of Brazil (Flag) and Georgia (Flag) (2023)

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