Georgia (GEO) and Netherlands (NLD) Trade | The Observatory of Economic Complexity

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Georgia-Netherlands Trade: In 2022, Georgia exported $85.1M to Netherlands. The main products that Georgia exported to Netherlands were Coal Tar Oil ($25.4M), Acyclic Alcohols ($24M), and Refined Copper ($8.14M). Over the past 5 years the exports of Georgia to Netherlands have increased at an annualized rate of 4.98%, from $66.7M in 2017 to $85.1M in 2022.

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

Netherlands-Georgia Trade: In 2022, Netherlands exported $208M to Georgia. The main products that Netherlands exported to Georgia were Medical Instruments ($11.5M), Broadcasting Equipment ($10.3M), and Delivery Trucks ($10.2M). Over the past 5 years the exports of Netherlands to Georgia have increased at an annualized rate of 5.96%, from $156M in 2017 to $208M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Georgia exported $85.1M to Netherlands. The main products exported from Georgia to Netherlands were Coal Tar Oil ($25.4M), Acyclic Alcohols ($24M), and Refined Copper ($8.14M). During the last 5 years the exports of Georgia to Netherlands have increased at an annualized rate of 4.98%, from $66.7M in 2017 to $85.1M in 2022.

In 2017, Netherlands exported $208M to Georgia. The main products exported from Netherlands to Georgia were Medical Instruments ($11.5M), Broadcasting Equipment ($10.3M), and Delivery Trucks ($10.2M). During the last 5 years the exports of Netherlands to Georgia have increased at an annualized rate of 5.96%, from $156M in 2022 to $208M in 2017.

Exports from Georgia () to Netherlands () (2022)

Exports from Netherlands () to Georgia () (2022)

Latest Data

Trade between Georgia () and Netherlands ()

Georgia Exports

Date

Netherlands Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationChina$759M

Netherlands
Top DestinationGermany$131B

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

In 2022, countries that imported more from Georgia than Netherlands included Azerbaijan ($668M), Armenia ($571M), and Kyrgyzstan ($92.5M).

In 2022, countries that imported more from Netherlands than Georgia included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Georgia - Netherlands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Georgia had a large net trade with Netherlands in the exports of Chemical Products ($33.3M), Mineral Products ($25.4M), and Metals ($11.5M).

During 2017, Netherlands had a large net trade with Georgia in the exports of Machines ($48.2M), Transportation ($28.1M), and Instruments ($22.5M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Georgia Netherlands+$1.76MFerroalloys

Top Product Potential Netherlands Georgia+$19.8MRefined Petroleum

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

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Historical Data

Bilateral Trade by Products

Exports from Georgia () to Netherlands () (2022)

Exports from Netherlands () to Georgia () (2022)

Latest Data

Trade between Georgia () and Netherlands ()

Georgia Exports

Netherlands Exports

Market Competitiveness

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

Comparative Advantage Georgia - Netherlands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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