2022
Flag  
GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
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
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Georgia-South Africa Trade: In 2022, Georgia exported $3.4M to South Africa. The main products that Georgia exported to South Africa were Knit Men's Suits ($968k), Knit T-shirts ($649k), and Scrap Copper ($590k). Over the past 5 years the exports of Georgia to South Africa have increased at an annualized rate of 66.1%, from $270k in 2017 to $3.4M in 2022.

In 2022, Georgia did not export any services to South Africa.

South Africa-Georgia Trade: In 2022, South Africa exported $12M to Georgia. The main products that South Africa exported to Georgia were Cars ($4.19M), Citrus ($1.29M), and Delivery Trucks ($1.04M). Over the past 5 years the exports of South Africa to Georgia have decreased at an annualized rate of 5.51%,  from $15.9M in 2017 to $12M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Georgia exported $3.4M to South Africa. The main products exported from Georgia to South Africa were Knit Men's Suits ($968k), Knit T-shirts ($649k), and Scrap Copper ($590k). During the last 5 years the exports of Georgia to South Africa have increased at an annualized rate of 66.1%, from $270k in 2017 to $3.4M in 2022.

In 2017, South Africa exported $12M to Georgia. The main products exported from South Africa to Georgia were Cars ($4.19M), Citrus ($1.29M), and Delivery Trucks ($1.04M). During the last 5 years the exports of South Africa to Georgia have decreased at an annualized rate of 5.51%, from $15.9M in 2022 to $12M in 2017.

Exports from Georgia (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Georgia (Flag) (2022)

Latest Data

Trade between Georgia (Flag) and South Africa (Flag)

Georgia Exports

South Africa Exports

Market Competitiveness

Color
Georgia
Top Destination
China$759M
South Africa
Top Destination
China$23.4B

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

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

In 2022, countries that imported more from South Africa than Georgia included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Georgia (Flag) (2022)

Comparative Advantage Georgia - South Africa

Flow
Scale

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

During 2022, Georgia had a large net trade with South Africa in the exports of Textiles ($1.69M), Metals ($594k), and Transportation ($308k).

During 2017, South Africa had a large net trade with Georgia in the exports of Transportation ($5.82M), Machines ($2.65M), and Vegetable Products ($1.57M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Georgia South Africa+$743kKnit T-shirts
Top Product Potential South Africa Georgia+$1.8MDelivery Trucks

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Georgia (Flag) and South Africa (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with