2022
Flag  
GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC 
$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
Rnk 36 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Georgia-Germany Trade: In 2022, Georgia exported $86M to Germany. The main products that Georgia exported to Germany were Other Nuts ($22.4M), Gold ($5.19M), and Knit T-shirts ($4.33M). Over the past 5 years the exports of Georgia to Germany have increased at an annualized rate of 2.61%, from $75.6M in 2017 to $86M in 2022.

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

Germany-Georgia Trade: In 2022, Germany exported $673M to Georgia. The main products that Germany exported to Georgia were Cars ($185M), Packaged Medicaments ($45.8M), and Tractors ($24.1M). Over the past 5 years the exports of Germany to Georgia have increased at an annualized rate of 8.46%,  from $448M in 2017 to $673M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Georgia exported $86M to Germany. The main products exported from Georgia to Germany were Other Nuts ($22.4M), Gold ($5.19M), and Knit T-shirts ($4.33M). During the last 5 years the exports of Georgia to Germany have increased at an annualized rate of 2.61%, from $75.6M in 2017 to $86M in 2022.

In 2017, Germany exported $673M to Georgia. The main products exported from Germany to Georgia were Cars ($185M), Packaged Medicaments ($45.8M), and Tractors ($24.1M). During the last 5 years the exports of Germany to Georgia have increased at an annualized rate of 8.46%, from $448M in 2022 to $673M in 2017.

Exports from Georgia (Flag) to Germany (Flag) (2022)

Exports from Germany (Flag) to Georgia (Flag) (2022)

Latest Data

Trade between Georgia (Flag) and Germany (Flag)

Georgia Exports

Germany Exports

Market Competitiveness

Color
Georgia
Top Destination
China$759M
Germany
Top Destination
United States$153B

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

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

In 2022, countries that imported more from Germany than Georgia included United States ($153B), France ($120B), and Netherlands ($109B).

Difference in imports from Germany (Flag) and Georgia (Flag) (2022)

Comparative Advantage Georgia - Germany

Flow
Scale

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

During 2022, Georgia had a large net trade with Germany in the exports of Vegetable Products ($30.1M), Textiles ($16.7M), and Foodstuffs ($11M).

During 2017, Germany had a large net trade with Georgia in the exports of Transportation ($263M), Machines ($117M), and Chemical Products ($101M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Georgia Germany+$10.3MKnit T-shirts
Top Product Potential Germany Georgia+$73.1MCars

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

Product Space of Georgia (Flag) and Germany (Flag) (2022)

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