Georgia / Armenia

Georgia-Armenia In 2022, Georgia exported $571M to Armenia. The main products that Georgia exported to Armenia are Cars ($135M), Large Construction Vehicles ($21.4M), and Flavored Water ($13.7M). During the last 26 years the exports of Georgia to Armenia have increased at an annualized rate of 13.5%, from $21M in 1996 to $571M in 2022.

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

Armenia-Georgia In 2022, Armenia exported $260M to Georgia. The main products that Armenia exported to Georgia were Precious Metal Ore ($86.3M), Other Processed Fruits and Nuts ($32.3M), and Electricity ($21.3M). During the last 26 years the exports of Armenia to Georgia have increased at an annualized rate of 11%, from $17.2M in 1996 to $260M in 2022.

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

Comparison In 2022,  Georgia ranked 62 in the Economic Complexity Index (ECI 0.027), and 118 in total exports ($6.82B). That same year, Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B).