2023
Flag  
GDP
$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH
75.7%CURRENT US$
Rnk 33 / 195
2023
Flag
 GDP
$102BCURRENT US$
Rnk 70 / 195
2013-2023
Flag
GDP GROWTH
38.8%CURRENT US$
Rnk 95 / 195
2023
Flag
GDP PC 
$8,284CURRENT US$
Rnk 94 / 195
2013-2023
Flag
GDP PC GROWTH
75.8%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC
$2,850CURRENT US$
Rnk 144 / 196
2013-2023
Flag
GDP PC GROWTH
15.7%CURRENT US$
Rnk 116 / 195

About

Georgia-Uzbekistan Trade: In 2023, Georgia exported $146M to Uzbekistan. The main products that Georgia exported to Uzbekistan were Packaged Medicaments ($83.4M), Orthopedic Appliances ($8.36M), and Vaccines, blood, antisera, toxins and cultures ($7.13M). Over the past 5 years the exports of Georgia to Uzbekistan have increased at an annualized rate of 15.9%, from $69.9M in 2018 to $146M in 2023.

In 2023, Georgia did not export any services to Uzbekistan.

Uzbekistan-Georgia Trade: In 2023, Uzbekistan exported $63.4M to Georgia. The main products that Uzbekistan exported to Georgia were Copper Wire ($20.3M), Rolled Tobacco ($11M), and Dried Legumes ($5.03M). Over the past 5 years the exports of Uzbekistan to Georgia have increased at an annualized rate of 44.9%,  from $9.93M in 2018 to $63.4M in 2023.

In 2023, Uzbekistan did not export any services to Georgia.

Comparison: In 2023,  Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B). That same year, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Georgia exported $146M to Uzbekistan. The main products exported from Georgia to Uzbekistan were Packaged Medicaments ($83.4M), Orthopedic Appliances ($8.36M), and Vaccines, blood, antisera, toxins and cultures ($7.13M). During the last 5 years the exports of Georgia to Uzbekistan have increased at an annualized rate of 15.9%, from $69.9M in 2018 to $146M in 2023.

In 2018, Uzbekistan exported $63.4M to Georgia. The main products exported from Uzbekistan to Georgia were Copper Wire ($20.3M), Rolled Tobacco ($11M), and Dried Legumes ($5.03M). During the last 5 years the exports of Uzbekistan to Georgia have increased at an annualized rate of 44.9%, from $9.93M in 2023 to $63.4M in 2018.

Exports from Georgia (Flag) to Uzbekistan (Flag) (2023)

Exports from Uzbekistan (Flag) to Georgia (Flag) (2023)

Latest Data

Trade between Georgia (Flag) and Uzbekistan (Flag)

Georgia Exports

Uzbekistan Exports

Market Competitiveness

Color
Georgia
Top Destination
Azerbaijan$828M
Uzbekistan
Top Destination
Switzerland$8.18B

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

In 2023, countries that imported more from Georgia than Uzbekistan included Azerbaijan ($828M), Armenia ($712M), and Bulgaria ($325M).

In 2023, countries that imported more from Uzbekistan than Georgia included Switzerland ($8.18B), United Kingdom ($2.65B), and Russia ($3.02B).

Difference in imports from Uzbekistan (Flag) and Georgia (Flag) (2023)

Comparative Advantage Georgia - Uzbekistan

Flow
Scale

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

During 2023, Georgia had a large net trade with Uzbekistan in the exports of Chemical Products ($91.9M), Foodstuffs ($21M), and Instruments ($10.9M).

During 2018, Uzbekistan had a large net trade with Georgia in the exports of Metals ($22.3M), Foodstuffs ($16M), and Vegetable Products ($9.01M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Georgia Uzbekistan+$3.09kCopper Ore
Top Product Potential Uzbekistan Georgia+$3.5kPetroleum Gas

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

Product Space of Georgia (Flag) and Uzbekistan (Flag) (2023)

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