2022
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GDP
$24.6BCURRENT US$
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2012-2022
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GDP GROWTH
49.2%CURRENT US$
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2022
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 GDP
$219BCURRENT US$
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2012-2022
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GDP GROWTH
-9.49%CURRENT US$
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2022
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GDP PC 
$6,628CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
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2022
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GDP PC
$20,732CURRENT US$
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2012-2022
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GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186

About

Georgia-Greece In 2022, Georgia exported $6.97M to Greece. The main products that Georgia exported to Greece are Nitrogenous Fertilizers ($1.72M), Hard Liquor ($1.63M), and Knit Socks and Hosiery ($805k). During the last 27 years the exports of Georgia to Greece have increased at an annualized rate of 1.39%, from $4.79M in 1995 to $6.97M in 2022.

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

Greece-Georgia In 2022, Greece exported $134M to Georgia. The main products that Greece exported to Georgia were Refined Petroleum ($98.6M), Packaged Medicaments ($10.7M), and Used Clothing ($3.05M). During the last 27 years the exports of Greece to Georgia have increased at an annualized rate of 8.43%, from $15.1M in 1995 to $134M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Georgia exported $6.97M to Greece. The main products exported from Georgia to Greece were Nitrogenous Fertilizers ($1.72M), Hard Liquor ($1.63M), and Knit Socks and Hosiery ($805k). During the last 27 years the exports of Georgia to Greece have increased at an annualized rate of 1.39%, from $4.79M in 1995 to $6.97M in 2022.

In 2022, Greece exported $134M to Georgia. The main products exported from Greece to Georgia were Refined Petroleum ($98.6M), Packaged Medicaments ($10.7M), and Used Clothing ($3.05M). During the last 27 years the exports of Greece to Georgia have increased at an annualized rate of 8.43%, from $15.1M in 1995 to $134M in 2022.

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

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

Latest Data

Trade between Georgia (Flag) and Greece (Flag)

Georgia Exports

Greece Exports

Market Competitiveness

Color
Georgia
Top Destination
China$759M
Greece
Top Destination
Italy$5.82B

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

In 2021, countries that imported more from Georgia than Greece were Azerbaijan ($668M), Armenia ($571M), and Russia ($642M).

In 2021, countries that imported more from Greece than Georgia were Italy ($5.82B), Germany ($3.45B), and Bulgaria ($3.62B).

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

Comparative Advantage Georgia - Greece

Flow
Scale

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

During 2022, Georgia had a large net trade with Greece in the exports of Foodstuffs ($2.55M), Chemical Products ($2.38M), and Textiles ($821k).

During 2022, Greece had a large net trade with Georgia in the exports of Mineral Products ($98.8M), Chemical Products ($17.5M), and Textiles ($3.5M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Georgia has comparative advantage over Greece. Similarly, the more yellow a dot/product is, the more Greece has comparative advantage over Georgia.

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

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