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2022
Flag → Flag
Exports $292MRnk 78 / 211
2022
Flag → Flag
Top Product $266MCars
2022
Flag → Flag
Exports $17.5MRnk 36 / 154
2022
Flag → Flag
Top Product $6.04MRaw Aluminium
2022
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.036Rnk 64 / 133
2022
Flag  
GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
Flag
 GDP$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH49.9%CURRENT US$
Rnk 36 / 186

About

Japan-Georgia Trade: In 2022, Japan exported $292M to Georgia. The main products that Japan exported to Georgia were Cars ($266M), Rubber Tires ($5.81M), and Used Rubber Tires ($2.83M). Over the past 5 years the exports of Japan to Georgia have increased at an annualized rate of 12.4%, from $163M in 2017 to $292M in 2022.

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

Georgia-Japan Trade: In 2022, Georgia exported $17.5M to Japan. The main products that Georgia exported to Japan were Raw Aluminium ($6.04M), Precious Metal Scraps ($2.88M), and Non-Iron and Steel Slag, Ash and Residues ($2.65M). Over the past 5 years the exports of Georgia to Japan have increased at an annualized rate of 5.25%,  from $13.5M in 2017 to $17.5M in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Latest Trends

August, 2024

About

Overview In August 2024, Japan exported ¥3.99B and imported ¥263M from Georgia, resulting in a positive trade balance of ¥3.72B. Between August 2023 and August 2024 the exports of Japan have decreased by ¥-994M (-20%) from ¥4.98B to ¥3.99B, while imports increased by ¥80.1M (43.9%) from ¥183M to ¥263M.

Trade In August 2024, the top exports of Japan to Georgia were Cars (¥4.3B), Rubber Tires (¥153M), Commodities not elsewhere specified (¥131M), Delivery Trucks (¥20.5M), and Used Rubber Tires (¥19.3M). In August 2024 the top imports of Japan from Georgia were Precious Metal Scraps (¥32.9M), Raw Aluminium (¥30.6M), Scrap Copper (¥19.7M), Other Fruits (¥14.5M), and Halides (¥7.13M).

Origins In August 2024 the exports of Japan were mainly from Aichi (¥3.04B), Kanagawa (¥392M), Osaka (¥186M), Hiroshima (¥113M), and Hyōgo (¥93.2M), while imports destinations were mainly Hyōgo (¥126M), Kanagawa (¥54.6M), Aichi (¥47.9M), Tokyo (¥19.5M), and Osaka (¥8.77M).

Growth In August 2024, the decrease in Japan's year-by-year exports to Georgia was explained primarily by an decrease in product exports in Delivery Trucks (¥-38.3M or -65.2%) and Other Measuring Instruments (¥-119k or -28.1%). In August 2024, the increase in Japan's year-by-year imports  from Georgia was explained primarily by an increase in product imports  in Other Fruits (¥10.8M or 292%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)¥-994M(-20%)
IMPORT GROWTH (August 2023 - August 2024)¥80.1M(43.9%)
MAIN EXPORTER (August 2024)Aichi¥3.04B

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Georgia and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Georgia and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $292M to Georgia. The main products exported from Japan to Georgia were Cars ($266M), Rubber Tires ($5.81M), and Used Rubber Tires ($2.83M). During the last 5 years the exports of Japan to Georgia have increased at an annualized rate of 12.4%, from $163M in 2017 to $292M in 2022.

In 2017, Georgia exported $17.5M to Japan. The main products exported from Georgia to Japan were Raw Aluminium ($6.04M), Precious Metal Scraps ($2.88M), and Non-Iron and Steel Slag, Ash and Residues ($2.65M). During the last 5 years the exports of Georgia to Japan have increased at an annualized rate of 5.25%, from $13.5M in 2022 to $17.5M in 2017.

Exports from Japan (Flag) to Georgia (Flag) (2022)

Exports from Georgia (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Georgia
Top DestinationChina$759M

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

In 2022, countries that imported more from Japan than Georgia included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Difference in imports from Georgia (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - Georgia

Flow
Scale

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

During 2022, Japan had a large net trade with Georgia in the exports of Transportation ($272M), Plastics and Rubbers ($8.71M), and Machines ($4.09M).

During 2017, Georgia had a large net trade with Japan in the exports of Metals ($6.69M), Precious Metals ($2.96M), and Mineral Products ($2.65M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Georgia+$17.9MCars
Top Product Potential Georgia Japan+$2.99MRaw Aluminium

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

Product Space of Japan (Flag) and Georgia (Flag) (2022)

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