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2023
Flag → Flag
Exports $279MRnk 87 / 224
2023
Flag → Flag
Top Product $12.3MDelivery Trucks
2023
Flag → Flag
Exports $59.9MRnk 19 / 158
2023
Flag → Flag
Top Product $23.2MCoal Tar Oil
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.13Rnk 55 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH75.7%CURRENT US$
Rnk 33 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC$8,284CURRENT US$
Rnk 94 / 196
2013-2023
Flag
GDP PC GROWTH75.8%CURRENT US$
Rnk 19 / 195

About

Netherlands-Georgia Trade: In 2023, Netherlands exported $279M to Georgia. The main products that Netherlands exported to Georgia were Delivery Trucks ($12.3M), Other Floating Structures ($12.2M), and Computers ($11.4M). Over the past 5 years the exports of Netherlands to Georgia have increased at an annualized rate of 5.5%, from $214M in 2018 to $279M in 2023.

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

Georgia-Netherlands Trade: In 2023, Georgia exported $59.9M to Netherlands. The main products that Georgia exported to Netherlands were Coal Tar Oil ($23.2M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($16.7M), and Rubber Tires ($3.79M). Over the past 5 years the exports of Georgia to Netherlands have decreased at an annualized rate of 1.12%,  from $63.4M in 2018 to $59.9M in 2023.

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

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €12M and imported €2M from Georgia, resulting in a positive trade balance of €10M. Between October 2023 and October 2024 the exports of Netherlands have increased by €3M (33.3%) from €9M to €12M, while imports increased by €1M (100%) from €1M to €2M.

Trade In October 2024, the top exports of Netherlands to Georgia were Fruit and nuts (not including oil... (€1M), Motor cars and other motor vehicles... (€1M), Motor vehicles for the transport of... (€1M), Instruments and appliances, n.e.s., for medical,... (€1M), and Miscellaneous manufactured articles, n.e.s. (€1M). In October 2024 the top imports of Netherlands from Georgia were .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€3M(33.3%)
IMPORT GROWTH (October 2023 - October 2024)€1M(100%)

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

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

For full datasets download visit Bulk Download page.

Explore Georgia and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $279M to Georgia. The main products exported from Netherlands to Georgia were Delivery Trucks ($12.3M), Other Floating Structures ($12.2M), and Computers ($11.4M). During the last 5 years the exports of Netherlands to Georgia have increased at an annualized rate of 5.5%, from $214M in 2018 to $279M in 2023.

In 2018, Georgia exported $59.9M to Netherlands. The main products exported from Georgia to Netherlands were Coal Tar Oil ($23.2M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($16.7M), and Rubber Tires ($3.79M). During the last 5 years the exports of Georgia to Netherlands have decreased at an annualized rate of 1.12%, from $63.4M in 2023 to $59.9M in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Georgia
Top DestinationAzerbaijan$828M

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

In 2023, countries that imported more from Netherlands than Georgia included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Georgia than Netherlands included Azerbaijan ($828M), Armenia ($712M), and Kyrgyzstan ($519M).

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

Comparative Advantage Netherlands - Georgia

Flow
Scale

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

During 2023, Netherlands had a large net trade with Georgia in the exports of Machines ($60.2M), Transportation ($50.3M), and Foodstuffs ($29.6M).

During 2018, Georgia had a large net trade with Netherlands in the exports of Mineral Products ($23.4M), Chemical Products ($21.8M), and Plastics and Rubbers ($3.86M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Georgia+$19.8MRefined Petroleum
Top Product Potential Georgia Netherlands+$1.76MFerroalloys

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

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

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