Georgia (GEO) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Georgia-Japan Trade: In 2022, Georgia exported $17.5M to Japan. The main products that Georgia exported to Japan were Raw Aluminium ($6.04M), Precious Metal Scraps ($2.88M), and Non-Iron and Steel Slag, Ash and Residues ($2.65M). Over the past 5 years the exports of Georgia to Japan have increased at an annualized rate of 5.25%, from $13.5M in 2017 to $17.5M in 2022.

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

Japan-Georgia Trade: In 2022, Japan exported $292M to Georgia. The main products that Japan exported to Georgia were Cars ($266M), Rubber Tires ($5.81M), and Used Rubber Tires ($2.83M). Over the past 5 years the exports of Japan to Georgia have increased at an annualized rate of 8.69%, from $163M in 2017 to $292M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Georgia exported $17.5M to Japan. The main products exported from Georgia to Japan were Raw Aluminium ($6.04M), Precious Metal Scraps ($2.88M), and Non-Iron and Steel Slag, Ash and Residues ($2.65M). During the last 5 years the exports of Georgia to Japan have increased at an annualized rate of 5.25%, from $13.5M in 2017 to $17.5M in 2022.

In 2017, Japan exported $292M to Georgia. The main products exported from Japan to Georgia were Cars ($266M), Rubber Tires ($5.81M), and Used Rubber Tires ($2.83M). During the last 5 years the exports of Japan to Georgia have increased at an annualized rate of 8.69%, from $163M in 2022 to $292M in 2017.

Exports from Georgia () to Japan () (2022)

Exports from Japan () to Georgia () (2022)

Latest Data

Trade between Georgia () and Japan ()

Georgia Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationChina$759M

Japan
Top DestinationUnited States$137B

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

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

In 2022, countries that imported more from Japan than Georgia included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Comparative Advantage Georgia - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Georgia had a large net trade with Japan in the exports of Metals ($6.69M), Precious Metals ($2.96M), and Mineral Products ($2.65M).

During 2017, Japan had a large net trade with Georgia in the exports of Transportation ($272M), Plastics and Rubbers ($8.71M), and Machines ($4.09M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Georgia Japan+$2.99MRaw Aluminium

Top Product Potential Japan Georgia+$17.9MCars

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

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Historical Data

Bilateral Trade by Products

Exports from Georgia () to Japan () (2022)

Exports from Japan () to Georgia () (2022)

Latest Data

Trade between Georgia () and Japan ()

Georgia Exports

Japan Exports

Market Competitiveness

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

Comparative Advantage Georgia - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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