Georgia (GEO) and Argentina (ARG) Trade | The Observatory of Economic Complexity

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Georgia-Argentina Trade: In 2022, Georgia exported $1.82M to Argentina. The main products that Georgia exported to Argentina were Other Nuts ($821k), Special Pharmaceuticals ($412k), and Medical Instruments ($376k). Over the past 5 years the exports of Georgia to Argentina have increased at an annualized rate of 73.5%, from $116k in 2017 to $1.82M in 2022.

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

Argentina-Georgia Trade: In 2022, Argentina exported $12.6M to Georgia. The main products that Argentina exported to Georgia were Soybean Meal ($5.19M), Packaged Medicaments ($4.06M), and Butter ($1.82M). Over the past 5 years the exports of Argentina to Georgia have increased at an annualized rate of 25.3%, from $4.07M in 2017 to $12.6M in 2022.

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

Comparison: In 2022, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Georgia exported $1.82M to Argentina. The main products exported from Georgia to Argentina were Other Nuts ($821k), Special Pharmaceuticals ($412k), and Medical Instruments ($376k). During the last 5 years the exports of Georgia to Argentina have increased at an annualized rate of 73.5%, from $116k in 2017 to $1.82M in 2022.

In 2017, Argentina exported $12.6M to Georgia. The main products exported from Argentina to Georgia were Soybean Meal ($5.19M), Packaged Medicaments ($4.06M), and Butter ($1.82M). During the last 5 years the exports of Argentina to Georgia have increased at an annualized rate of 25.3%, from $4.07M in 2022 to $12.6M in 2017.

Exports from Georgia () to Argentina () (2022)

Exports from Argentina () to Georgia () (2022)

Latest Data

Trade between Georgia () and Argentina ()

Georgia Exports

Date

Argentina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationChina$759M

Argentina
Top DestinationBrazil$12.6B

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

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

In 2022, countries that imported more from Argentina than Georgia included Brazil ($12.6B), China ($8B), and United States ($6.99B).

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

Comparative Advantage Georgia - Argentina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Georgia had a large net trade with Argentina in the exports of Vegetable Products ($821k), Chemical Products ($412k), and Instruments ($377k).

During 2017, Argentina had a large net trade with Georgia in the exports of Foodstuffs ($5.27M), Chemical Products ($4.08M), and Animal Products ($2.65M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Georgia Argentina+$3.58kNitrogenous Fertilizers

Top Product Potential Argentina Georgia+$4.28kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Georgia () to Argentina () (2022)

Exports from Argentina () to Georgia () (2022)

Latest Data

Trade between Georgia () and Argentina ()

Georgia Exports

Argentina Exports

Market Competitiveness

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

Comparative Advantage Georgia - Argentina

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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