Georgia (GEO) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

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Georgia-Hong Kong Trade: In 2022, Georgia exported $11.1M to Hong Kong. The main products that Georgia exported to Hong Kong were Electric Heaters ($1.92M), Beauty Products ($1.69M), and Preserved Meat ($1.48M). Over the past 5 years the exports of Georgia to Hong Kong have increased at an annualized rate of 5.43%, from $8.49M in 2017 to $11.1M in 2022.

In 2022, Georgia did not export any services to Hong Kong.

Hong Kong-Georgia Trade: In 2022, Hong Kong exported $156M to Georgia. The main products that Hong Kong exported to Georgia were Computers ($50.6M), Broadcasting Equipment ($28.9M), and Laboratory Reagents ($10.2M). Over the past 5 years the exports of Hong Kong to Georgia have increased at an annualized rate of 8.66%, from $103M in 2017 to $156M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Georgia exported $11.1M to Hong Kong. The main products exported from Georgia to Hong Kong were Electric Heaters ($1.92M), Beauty Products ($1.69M), and Preserved Meat ($1.48M). During the last 5 years the exports of Georgia to Hong Kong have increased at an annualized rate of 5.43%, from $8.49M in 2017 to $11.1M in 2022.

In 2017, Hong Kong exported $156M to Georgia. The main products exported from Hong Kong to Georgia were Computers ($50.6M), Broadcasting Equipment ($28.9M), and Laboratory Reagents ($10.2M). During the last 5 years the exports of Hong Kong to Georgia have increased at an annualized rate of 8.66%, from $103M in 2022 to $156M in 2017.

Exports from Georgia () to Hong Kong () (2022)

Exports from Hong Kong () to Georgia () (2022)

Latest Data

Trade between Georgia () and Hong Kong ()

Georgia Exports

Date

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationChina$759M

Hong Kong
Top DestinationChina$23.4B

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

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

In 2022, countries that imported more from Hong Kong than Georgia included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong () and Georgia () (2022)

Comparative Advantage Georgia - Hong Kong

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Georgia had a large net trade with Hong Kong in the exports of Machines ($2.88M), Animal Products ($2.7M), and Chemical Products ($2.05M).

During 2017, Hong Kong had a large net trade with Georgia in the exports of Machines ($111M), Chemical Products ($14.7M), and Miscellaneous ($7.91M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Georgia Hong Kong+$426kBeauty Products

Top Product Potential Hong Kong Georgia+$6.42MTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Georgia () to Hong Kong () (2022)

Exports from Hong Kong () to Georgia () (2022)

Latest Data

Trade between Georgia () and Hong Kong ()

Georgia Exports

Hong Kong Exports

Market Competitiveness

Difference in imports from Hong Kong () and Georgia () (2022)

Comparative Advantage Georgia - Hong Kong

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Georgia () and Hong Kong () (2022)

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