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2022
Flag → Flag
Exports $326MRnk 72 / 223
2022
Flag → Flag
Top Product $196MRaw Sugar
2022
Flag → Flag
Exports $2.38MRnk 76 / 154
2022
Flag → Flag
Top Product $968kKnit T-shirts
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.036Rnk 64 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH49.9%CURRENT US$
Rnk 36 / 186

About

Brazil-Georgia Trade: In 2022, Brazil exported $326M to Georgia. The main products that Brazil exported to Georgia were Raw Sugar ($196M), Copper Ore ($42.4M), and Pig Meat ($37.4M). Over the past 5 years the exports of Brazil to Georgia have increased at an annualized rate of 13.5%, from $174M in 2017 to $326M in 2022.

In 2022, Brazil did not export any services to Georgia.

Georgia-Brazil Trade: In 2022, Georgia exported $2.38M to Brazil. The main products that Georgia exported to Brazil were Knit T-shirts ($968k), Other Nuts ($375k), and Polyacetals ($228k). Over the past 5 years the exports of Georgia to Brazil have increased at an annualized rate of 29.3%,  from $657k in 2017 to $2.38M in 2022.

In 2022, Georgia did not export any services to Brazil.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Latest Trends

August, 2024

About

Overview In August 2024, Brazil exported $34.8M and imported $808k from Georgia, resulting in a positive trade balance of $34M. Between August 2023 and August 2024 the exports of Brazil have decreased by $-9.51M (-21.5%) from $44.3M to $34.8M, while imports increased by $765k (1.79k%) from $42.8k to $808k.

Trade In August 2024, the top exports of Brazil to Georgia were Raw Sugar ($15.6M), Pig Meat ($4.72M), Poultry Meat ($2.58M), Frozen Bovine Meat ($859k), and Edible Offal ($264k). In August 2024 the top imports of Brazil from Georgia were Knit T-shirts ($130k), Liquid Pumps ($3.91k), Vegetable or Animal Dyes ($792), Hormones ($662), and Iron Fasteners ($280).

Origins In August 2024 the exports of Brazil were mainly from São Paulo ($9.43M), Mato Grosso do Sul ($6.75M), Paraná ($4.39M), Santa Catarina ($1.43M), and Rio Grande do Sul ($752k), while imports destinations were mainly São Paulo ($723k), Minas Gerais ($58.6k), Pernambuco ($20.2k), Rio de Janeiro ($5.37k), and Bahia ($237).

Growth In August 2024, the decrease in Brazil's year-by-year exports to Georgia was explained primarily by an decrease in product exports in Frozen Bovine Meat ($-836k or -49.3%), Ground Nuts ($-134k or -66.2%), and Raw Tobacco ($-120k or -46.6%). In August 2024, the increase in Brazil's year-by-year imports  from Georgia was explained primarily by an increase in product imports  in Iron Fasteners ($228 or 438%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-9.51M(-21.5%)
IMPORT GROWTH (August 2023 - August 2024)$765k(1.79k%)
MAIN EXPORTER (August 2024)São Paulo$9.43M

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 2022, Brazil exported $326M to Georgia. The main products exported from Brazil to Georgia were Raw Sugar ($196M), Copper Ore ($42.4M), and Pig Meat ($37.4M). During the last 5 years the exports of Brazil to Georgia have increased at an annualized rate of 13.5%, from $174M in 2017 to $326M in 2022.

In 2017, Georgia exported $2.38M to Brazil. The main products exported from Georgia to Brazil were Knit T-shirts ($968k), Other Nuts ($375k), and Polyacetals ($228k). During the last 5 years the exports of Georgia to Brazil have increased at an annualized rate of 29.3%, from $657k in 2022 to $2.38M in 2017.

Exports from Brazil (Flag) to Georgia (Flag) (2022)

Exports from Georgia (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Georgia
Top DestinationChina$759M

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 2022, countries that imported more from Brazil than Georgia included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Georgia than Brazil included Armenia ($571M), Azerbaijan ($668M), and Bulgaria ($502M).

Difference in imports from Georgia (Flag) and Brazil (Flag) (2022)

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 2022, Brazil had a large net trade with Georgia in the exports of Foodstuffs ($202M), Animal Products ($73.7M), and Mineral Products ($43.3M).

During 2017, Georgia had a large net trade with Brazil in the exports of Textiles ($1.31M), Vegetable Products ($415k), and Plastics and Rubbers ($229k).

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) (2022)

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