Czechia (CZE) and Georgia (GEO) Trade | The Observatory of Economic Complexity

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Czechia-Georgia Trade: In 2022, Czechia exported $173M to Georgia. The main products that Czechia exported to Georgia were Broadcasting Equipment ($41.8M), Cars ($21.3M), and Computers ($20.4M). Over the past 5 years the exports of Czechia to Georgia have increased at an annualized rate of 15.8%, from $83M in 2017 to $173M in 2022.

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

Georgia-Czechia Trade: In 2022, Georgia exported $21.7M to Czechia. The main products that Georgia exported to Czechia were Other Nuts ($2.91M), Gas Turbines ($2.8M), and Aluminium Plating ($1.89M). Over the past 5 years the exports of Georgia to Czechia have increased at an annualized rate of 4.44%, from $17.4M in 2017 to $21.7M in 2022.

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

Comparison: In 2022, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Czechia exported $173M to Georgia. The main products exported from Czechia to Georgia were Broadcasting Equipment ($41.8M), Cars ($21.3M), and Computers ($20.4M). During the last 5 years the exports of Czechia to Georgia have increased at an annualized rate of 15.8%, from $83M in 2017 to $173M in 2022.

In 2017, Georgia exported $21.7M to Czechia. The main products exported from Georgia to Czechia were Other Nuts ($2.91M), Gas Turbines ($2.8M), and Aluminium Plating ($1.89M). During the last 5 years the exports of Georgia to Czechia have increased at an annualized rate of 4.44%, from $17.4M in 2022 to $21.7M in 2017.

Exports from Czechia () to Georgia () (2022)

Exports from Georgia () to Czechia () (2022)

Latest Data

Trade between Czechia () and Georgia ()

Czechia Exports

Date

Georgia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$75.3B

Georgia
Top DestinationChina$759M

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

In 2022, countries that imported more from Czechia than Georgia included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2022, countries that imported more from Georgia than Czechia included Azerbaijan ($668M), Armenia ($571M), and Peru ($164M).

Difference in imports from Georgia () and Czechia () (2022)

Comparative Advantage Czechia - Georgia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Czechia had a large net trade with Georgia in the exports of Machines ($99.5M), Transportation ($28.8M), and Chemical Products ($9.64M).

During 2017, Georgia had a large net trade with Czechia in the exports of Textiles ($4.21M), Machines ($4.11M), and Vegetable Products ($3.02M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Georgia+$19MCars

Top Product Potential Georgia Czechia+$1.89MNitrogenous Fertilizers

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Czechia () to Georgia () (2022)

Exports from Georgia () to Czechia () (2022)

Latest Data

Trade between Czechia () and Georgia ()

Czechia Exports

Georgia Exports

Market Competitiveness

Difference in imports from Georgia () and Czechia () (2022)

Comparative Advantage Czechia - Georgia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Czechia () and Georgia () (2022)

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