Flag China / Georgia Flag

Exports Flag β†’ Flag  (2018): $926M, Rnk 121 / 206

Top Product Flag β†’ Flag (2018): $47.8M, Coated Flat-Rolled Iron

Exports Flag β†’ Flag (2018): $216M, Rnk 6 / 143

Top Product Flag β†’ Flag (2018): $155M, Copper Ore

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

Economic Complexity of Flag (2018): ECI 0.037, Rnk 63 / 137

GDP Flag (2018): $13.6T, CURRENT US$
Rnk 2 / 196

GDP GROWTH Flag (2008-2018): 196%, CURRENT US$
Rnk 6 / 196

GDP Flag (2018): $17.6B, CURRENT US$
Rnk 118 / 196

GDP GROWTH Flag (2008-2018): 37.6%, CURRENT US$
Rnk 102 / 196

GDP PC Flag (2018): $9,771, CURRENT US$
Rnk 78 / 196

GDP PC GROWTH Flag (2008-2018): 182%, CURRENT US$
Rnk 3 / 196

GDP PC Flag (2018): $4,717, CURRENT US$
Rnk 112 / 196

GDP PC GROWTH Flag (2008-2018): 41.9%, CURRENT US$
Rnk 56 / 196

China-Georgia: In 2018, China exported $926M to Georgia. The main products exported from China to Georgia were Coated Flat-Rolled Iron ($47.8M), Computers ($43.5M), and Gas Turbines ($36.8M). During the last 23 years the exports of China to Georgia have increased at an annualized rate of 41.1%, from $336k in 1995 to $926M in 2018.

Georgia-China: In 2018, Georgia exported $216M to China. The main products exported from Georgia to China were Copper Ore ($155M), Wine ($19.8M), and Medical Instruments ($11.1M). During the last 23 years the exports of Georgia to China have increased at an annualized rate of 42.7%, from $60.5k in 1995 to $216M in 2018.

Comparison: In 2018, China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). That same year, Georgia ranked 63 in the Economic Complexity Index (ECI 0.037), and 121 in total exports ($3.82B). In terms of GDP Per Capita, China was ranked 78 with a GDP Per Capita of $9,771, and Georgia was ranked 112 with a GDP Per Capita of $4,717.

Bilateral Trade by Products

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Depth
Value

In 2018, China exported $926M to Georgia. The main products exported from China to Georgia were Coated Flat-Rolled Iron ($47.8M), Computers ($43.5M), and Gas Turbines ($36.8M). During the last 23 years the exports of China to Georgia have increased at an annualized rate of 41.1%, from $336k in 1995 to $926M in 2018.

In 2018, Georgia exported $216M to China. The main products exported from Georgia to China were Copper Ore ($155M), Wine ($19.8M), and Medical Instruments ($11.1M). During the last 23 years the exports of Georgia to China have increased at an annualized rate of 42.7%, from $60.5k in 1995 to $216M in 2018.

Market Competitiveness

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Measure

China
Top Destination
: United States, $499B

Georgia
Top Destination
: Azerbaijan, $498M

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

In 2018, countries that imported more from China than Georgia were United States ($499B), Hong Kong ($282B), and Japan ($155B).

In 2018, no countries were registered that imported more from Georgia than from China.

Comparative Advantage China - Georgia

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Depth

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

During 2018, China had a large net trade with Georgia in the exports of Machines ($351M), Metals ($118M), and Plastics and Rubbers ($83.2M).

During 2018, Georgia had a large net trade with China in the exports of Mineral Products ($155M), Foodstuffs ($21.6M), and Instruments ($13M).

Tariff Section

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This sections shows import tariffs for products traded between China and Georgia (using the HS6 product classification and the last year reported).

In 2018, the products from China that paid the highest import tariffs to enter Georgia were Tobacco: smoking, water pipe tobacco as specified in Subheading Note 1 to this Chapter, whether or not containing tobacco substitutes in any proportion (57%) and Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (57%).

In 2016, the products from Georgia that paid the highest import tariffs to enter China were Ethyl alcohol and other spirits, denatured (226%) and Fermented beverages nes (eg cider, perry, mead, etc) (16.6%).

Explore Tariff Data

*The tariffs present between China and Georgia are:
125: General duty rate
136: Most Favoured Nation duty rate treatement
226: Preferential tariff for Georgia

Trade Forecasts

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This section shows a forecast for total trade between China and Georgia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more China has comparative advantage over Georgia. Similarly, the more red a dot/product is, the more Georgia has comparative advantage over China.