2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
 GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186
2022
Flag
GDP PC
$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
Rnk 36 / 186

About

Saudi Arabia-Georgia Trade: In 2022, Saudi Arabia exported $6.45M to Georgia. The main products that Saudi Arabia exported to Georgia were Propylene Polymers ($5M), Ethylene Polymers ($1.02M), and Cars ($199k). Over the past 5 years the exports of Saudi Arabia to Georgia have decreased at an annualized rate of 1.57%, from $6.99M in 2017 to $6.45M in 2022.

In 2022, Saudi Arabia did not export any services to Georgia.

Georgia-Saudi Arabia Trade: In 2022, Georgia exported $20.7M to Saudi Arabia. The main products that Georgia exported to Saudi Arabia were Hand-Woven Rugs ($5.68M), Sheep and Goats ($5.62M), and Other Nuts ($2.18M). Over the past 5 years the exports of Georgia to Saudi Arabia have increased at an annualized rate of 36.5%,  from $4.38M in 2017 to $20.7M in 2022.

In 2022, Georgia did not export any services to Saudi Arabia.

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Georgia
Top Destination
China$759M

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

In 2022, countries that imported more from Saudi Arabia than Georgia included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Georgia than Saudi Arabia included Azerbaijan ($668M), Russia ($642M), and Armenia ($571M).

Difference in imports from Georgia (Flag) and Saudi Arabia (Flag) (2022)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Georgia+$6.8kRefined Petroleum
Top Product Potential Georgia Saudi Arabia+$4.29kGold

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

Product Space of Saudi Arabia (Flag) and Georgia (Flag) (NaN)

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