2022
Flag  
GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
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GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
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 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
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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
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Georgia-Saudi Arabia Trade: In 2022, Georgia exported $20.7M to Saudi Arabia. The main products that Georgia exported to Saudi Arabia were Hand-Woven Rugs ($5.68M), Sheep and Goats ($5.62M), and Other Nuts ($2.18M). Over the past 5 years the exports of Georgia to Saudi Arabia have increased at an annualized rate of 36.5%, from $4.38M in 2017 to $20.7M in 2022.

In 2022, Georgia did not export any services to Saudi Arabia.

Saudi Arabia-Georgia Trade: In 2022, Saudi Arabia exported $6.45M to Georgia. The main products that Saudi Arabia exported to Georgia were Propylene Polymers ($5M), Ethylene Polymers ($1.02M), and Cars ($199k). Over the past 5 years the exports of Saudi Arabia to Georgia have decreased at an annualized rate of 0.46%,  from $6.99M in 2017 to $6.45M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Georgia exported $20.7M to Saudi Arabia. The main products exported from Georgia to Saudi Arabia were Hand-Woven Rugs ($5.68M), Sheep and Goats ($5.62M), and Other Nuts ($2.18M). During the last 5 years the exports of Georgia to Saudi Arabia have increased at an annualized rate of 36.5%, from $4.38M in 2017 to $20.7M in 2022.

In 2017, Saudi Arabia exported $6.45M to Georgia. The main products exported from Saudi Arabia to Georgia were Propylene Polymers ($5M), Ethylene Polymers ($1.02M), and Cars ($199k). During the last 5 years the exports of Saudi Arabia to Georgia have decreased at an annualized rate of 0.46%, from $6.99M in 2022 to $6.45M in 2017.

Exports from Georgia (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Georgia (Flag) (2022)

Latest Data

Trade between Georgia (Flag) and Saudi Arabia (Flag)

Georgia Exports

Saudi Arabia Exports

Market Competitiveness

Color
Georgia
Top Destination
China$759M
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Georgia than Saudi Arabia included Azerbaijan ($668M), Russia ($642M), and Armenia ($571M).

In 2022, countries that imported more from Saudi Arabia than Georgia included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Georgia (Flag) (2022)

Comparative Advantage Georgia - Saudi Arabia

Flow
Scale

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

During 2022, Georgia had a large net trade with Saudi Arabia in the exports of Animal Products ($5.85M), Textiles ($5.69M), and Vegetable Products ($2.35M).

During 2017, Saudi Arabia had a large net trade with Georgia in the exports of Plastics and Rubbers ($6.08M), Transportation ($199k), and Machines ($68.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Georgia Saudi Arabia+$4.29kGold
Top Product Potential Saudi Arabia Georgia+$6.8kRefined 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

This visualization shows the product space at the HS4 level with the flags of Georgia and Saudi Arabia. This means that a dot/product with the flag of Georgia indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Georgia.

Product Space of Georgia (Flag) and Saudi Arabia (Flag) (2022)

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