2022
Flag  
GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC 
$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
Rnk 36 / 186

About

Georgia-Chinese Taipei Trade: In 2022, Georgia exported $11.7M to Chinese Taipei. The main products that Georgia exported to Chinese Taipei were Halides ($4.76M), Other Steel Bars ($2.24M), and Animal Meal and Pellets ($1.62M). Over the past 5 years the exports of Georgia to Chinese Taipei have decreased at an annualized rate of 11.6%, from $21.6M in 2017 to $11.7M in 2022.

In 2022, Georgia did not export any services to Chinese Taipei.

Chinese Taipei-Georgia Trade: In 2022, Chinese Taipei exported $19.5M to Georgia. The main products that Chinese Taipei exported to Georgia were Motor vehicles; parts and accessories (8701 to 8705) ($3.29M), Iron Fasteners ($1.61M), and Laboratory Reagents ($854k). Over the past 5 years the exports of Chinese Taipei to Georgia have increased at an annualized rate of 13.4%,  from $10.4M in 2017 to $19.5M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Georgia exported $11.7M to Chinese Taipei. The main products exported from Georgia to Chinese Taipei were Halides ($4.76M), Other Steel Bars ($2.24M), and Animal Meal and Pellets ($1.62M). During the last 5 years the exports of Georgia to Chinese Taipei have decreased at an annualized rate of 11.6%, from $21.6M in 2017 to $11.7M in 2022.

In 2017, Chinese Taipei exported $19.5M to Georgia. The main products exported from Chinese Taipei to Georgia were Motor vehicles; parts and accessories (8701 to 8705) ($3.29M), Iron Fasteners ($1.61M), and Laboratory Reagents ($854k). During the last 5 years the exports of Chinese Taipei to Georgia have increased at an annualized rate of 13.4%, from $10.4M in 2022 to $19.5M in 2017.

Exports from Georgia (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Georgia (Flag) (2022)

Market Competitiveness

Color
Georgia
Top Destination
China$759M
Chinese Taipei
Top Destination
China$121B

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

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

In 2022, countries that imported more from Chinese Taipei than Georgia included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Georgia (Flag) (2022)

Comparative Advantage Georgia - Chinese Taipei

Flow
Scale

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

During 2022, Georgia had a large net trade with Chinese Taipei in the exports of Chemical Products ($5.97M), Metals ($2.43M), and Foodstuffs ($1.99M).

During 2017, Chinese Taipei had a large net trade with Georgia in the exports of Machines ($5.38M), Transportation ($4.17M), and Metals ($2.23M).

Economic Complexity

Competitive Landscape

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

Product Space of Georgia (Flag) and Chinese Taipei (Flag) (2022)

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