Georgia (GEO) and Uzbekistan (UZB) Trade | The Observatory of Economic Complexity

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Georgia-Uzbekistan Trade: In 2022, Georgia exported $120M to Uzbekistan. The main products that Georgia exported to Uzbekistan were Packaged Medicaments ($58.2M), Rolled Tobacco ($10.9M), and Orthopedic Appliances ($9.58M). Over the past 5 years the exports of Georgia to Uzbekistan have increased at an annualized rate of 15.7%, from $57.7M in 2017 to $120M in 2022.

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

Uzbekistan-Georgia Trade: In 2022, Uzbekistan exported $47.6M to Georgia. The main products that Uzbekistan exported to Georgia were Copper Wire ($13.1M), Rolled Tobacco ($7.75M), and Dried Legumes ($5.53M). Over the past 5 years the exports of Uzbekistan to Georgia have decreased at an annualized rate of 5.29%, from $62.5M in 2017 to $47.6M in 2022.

In 2022, Uzbekistan 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, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Georgia exported $120M to Uzbekistan. The main products exported from Georgia to Uzbekistan were Packaged Medicaments ($58.2M), Rolled Tobacco ($10.9M), and Orthopedic Appliances ($9.58M). During the last 5 years the exports of Georgia to Uzbekistan have increased at an annualized rate of 15.7%, from $57.7M in 2017 to $120M in 2022.

In 2017, Uzbekistan exported $47.6M to Georgia. The main products exported from Uzbekistan to Georgia were Copper Wire ($13.1M), Rolled Tobacco ($7.75M), and Dried Legumes ($5.53M). During the last 5 years the exports of Uzbekistan to Georgia have decreased at an annualized rate of 5.29%, from $62.5M in 2022 to $47.6M in 2017.

Exports from Georgia () to Uzbekistan () (2022)

Exports from Uzbekistan () to Georgia () (2022)

Latest Data

Trade between Georgia () and Uzbekistan ()

Georgia Exports

Date

Uzbekistan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationChina$759M

Uzbekistan
Top DestinationSwitzerland$4.29B

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

In 2022, countries that imported more from Uzbekistan than Georgia included Switzerland ($4.29B), Russia ($2.6B), and China ($1.98B).

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

Comparative Advantage Georgia - Uzbekistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Georgia had a large net trade with Uzbekistan in the exports of Chemical Products ($65.4M), Foodstuffs ($21.6M), and Instruments ($12.8M).

During 2017, Uzbekistan had a large net trade with Georgia in the exports of Metals ($16.3M), Foodstuffs ($9.28M), and Vegetable Products ($8.51M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Georgia () to Uzbekistan () (2022)

Exports from Uzbekistan () to Georgia () (2022)

Latest Data

Trade between Georgia () and Uzbekistan ()

Georgia Exports

Uzbekistan Exports

Market Competitiveness

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

Comparative Advantage Georgia - Uzbekistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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