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2023
Flag → Flag
Exports $179MRnk 93 / 223
2023
Flag → Flag
Top Product $43.8MLarge Construction Vehicles
2023
Flag → Flag
Exports $64.4MRnk 17 / 158
2023
Flag → Flag
Top Product $28.7MKnit T-shirts
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.13Rnk 55 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 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 $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$8,284CURRENT US$
Rnk 94 / 196
2013-2023
Flag
GDP PC GROWTH75.8%CURRENT US$
Rnk 19 / 195

About

United Kingdom-Georgia Trade: In 2023, United Kingdom exported $179M to Georgia. The main products that United Kingdom exported to Georgia were Large Construction Vehicles ($43.8M), Cars ($21.3M), and Hard Liquor ($8.51M). Over the past 5 years the exports of United Kingdom to Georgia have increased at an annualized rate of 11%, from $106M in 2018 to $179M in 2023.

In 2023, United Kingdom did not export any services to Georgia.

Georgia-United Kingdom Trade: In 2023, Georgia exported $64.4M to United Kingdom. The main products that Georgia exported to United Kingdom were Knit T-shirts ($28.7M), Knit Women's Suits ($6.63M), and Knit Men's Suits ($5.26M). Over the past 5 years the exports of Georgia to United Kingdom have increased at an annualized rate of 24%,  from $22M in 2018 to $64.4M in 2023.

In 2023, Georgia did not export any services to United Kingdom.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £10.6M and imported £978k from Georgia, resulting in a positive trade balance of £9.64M. Between November 2023 and November 2024 the exports of United Kingdom have decreased by £-6.14M (-36.7%) from £16.8M to £10.6M, while imports increased by £105k (12.1%) from £873k to £978k.

Trade In November 2024, the top exports of United Kingdom to Georgia were Cars (£1.44M), Hard Liquor (£969k), Large Construction Vehicles (£635k), Packaged Medicaments (£426k), and Other Measuring Instruments (£408k). In November 2024 the top imports of United Kingdom from Georgia were Coal Briquettes (£7.11M), Nitrogenous Fertilizers (£1.86M), Aluminium Foil (£305k), Packaged Medicaments (£186k), and Wine (£126k).

Origins In November 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£3.52M), London Heathrow Airport (£1.67M), Felixstowe (£1.66M), Avonmouth (£806k), and London Stansted Airport (£279k), while imports destinations were mainly Felixstowe (£441k), London Heathrow Airport (£202k), Liverpool (£168k), and Middlesbrough (£41.6k).

Growth In November 2024, the decrease in United Kingdom's year-by-year exports to Georgia was explained primarily by an decrease in product exports in Cranes (£-238k or -96%), Prepr binder for foundry (£-193k or -63.9%), and Wine (£-46.5k or -81.1%). In November 2024, the increase in United Kingdom's year-by-year imports  from Georgia was explained primarily by an increase in product imports  in Aluminium Foil (£227k or 293%), Knit T-shirts (£45k or 72.2%), and Wine (£32.2k or 34.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£-6.14M(-36.7%)
IMPORT GROWTH (November 2023 - November 2024)£105k(12.1%)
MAIN EXPORTER (November 2024)Dover Eurotunnel£3.52M

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

To check Georgia and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Georgia and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $179M to Georgia. The main products exported from United Kingdom to Georgia were Large Construction Vehicles ($43.8M), Cars ($21.3M), and Hard Liquor ($8.51M). During the last 5 years the exports of United Kingdom to Georgia have increased at an annualized rate of 11%, from $106M in 2018 to $179M in 2023.

In 2018, Georgia exported $64.4M to United Kingdom. The main products exported from Georgia to United Kingdom were Knit T-shirts ($28.7M), Knit Women's Suits ($6.63M), and Knit Men's Suits ($5.26M). During the last 5 years the exports of Georgia to United Kingdom have increased at an annualized rate of 24%, from $22M in 2023 to $64.4M in 2018.

Exports from United Kingdom (Flag) to Georgia (Flag) (2023)

Exports from Georgia (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Georgia
Top DestinationAzerbaijan$828M

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

In 2023, countries that imported more from United Kingdom than Georgia included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

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

Difference in imports from Georgia (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Georgia

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Georgia in the exports of Machines ($64M), Chemical Products ($28.9M), and Transportation ($28.2M).

During 2018, Georgia had a large net trade with United Kingdom in the exports of Textiles ($48.1M), Precious Metals ($4.42M), and Chemical Products ($4.31M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Georgia+$25.2MCars
Top Product Potential Georgia United Kingdom+$3.04MKnit Men's Suits

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

Product Space of United Kingdom (Flag) and Georgia (Flag) (2023)

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