2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC
$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
Rnk 36 / 186

About

Chile-Georgia Trade: In 2022, Chile exported $110M to Georgia. The main products that Chile exported to Georgia were Copper Ore ($105M), Non-fillet Frozen Fish ($3.85M), and Other Nuts ($1.06M). Over the past 5 years the exports of Chile to Georgia have increased at an annualized rate of 18.5%, from $47.2M in 2017 to $110M in 2022.

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

Georgia-Chile Trade: In 2022, Georgia exported $3.26M to Chile. The main products that Georgia exported to Chile were Ferroalloys ($863k), Knit Men's Shirts ($826k), and Silicates ($441k). Over the past 5 years the exports of Georgia to Chile have increased at an annualized rate of 37.6%,  from $660k in 2017 to $3.26M in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $110M to Georgia. The main products exported from Chile to Georgia were Copper Ore ($105M), Non-fillet Frozen Fish ($3.85M), and Other Nuts ($1.06M). During the last 5 years the exports of Chile to Georgia have increased at an annualized rate of 18.5%, from $47.2M in 2017 to $110M in 2022.

In 2017, Georgia exported $3.26M to Chile. The main products exported from Georgia to Chile were Ferroalloys ($863k), Knit Men's Shirts ($826k), and Silicates ($441k). During the last 5 years the exports of Georgia to Chile have increased at an annualized rate of 37.6%, from $660k in 2022 to $3.26M in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Georgia
Top Destination
China$759M

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

In 2022, countries that imported more from Chile than Georgia included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

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

Comparative Advantage Chile - Georgia

Flow
Scale

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

During 2022, Chile had a large net trade with Georgia in the exports of Mineral Products ($105M), Animal Products ($3.86M), and Vegetable Products ($1.06M).

During 2017, Georgia had a large net trade with Chile in the exports of Textiles ($1.64M), Metals ($864k), and Chemical Products ($445k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Georgia+$423kOther Nuts
Top Product Potential Georgia Chile+$507kFerroalloys

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 Chile and Georgia. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Georgia. Similarly, a dot/product with the flag of Georgia indicates it has a comparative advantage over Chile.

Product Space of Chile (Flag) and Georgia (Flag) (2022)

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