Flag Ukraine / Georgia Flag

Exports FlagFlag  (2018): $485M, Rnk 28 / 187

Top Product FlagFlag (2018): $130M, Rolled Tobacco

Exports FlagFlag (2018): $170M, Rnk 8 / 143

Top Product FlagFlag (2018): $43.1M, Cars

Economic Complexity of Flag (2018): ECI 0.6, Rnk 40 / 137

Economic Complexity of Flag (2018): ECI 0.037, Rnk 63 / 137

GDP Flag (2018): $131B, CURRENT US$
Rnk 57 / 196

GDP GROWTH Flag (2008-2018): -27.2%, CURRENT US$
Rnk 192 / 196

GDP Flag (2018): $17.6B, CURRENT US$
Rnk 118 / 196

GDP GROWTH Flag (2008-2018): 37.6%, CURRENT US$
Rnk 102 / 196

GDP PC Flag (2018): $3,095, CURRENT US$
Rnk 138 / 196

GDP PC GROWTH Flag (2008-2018): -20.4%, CURRENT US$
Rnk 184 / 196

GDP PC Flag (2018): $4,717, CURRENT US$
Rnk 112 / 196

GDP PC GROWTH Flag (2008-2018): 41.9%, CURRENT US$
Rnk 56 / 196

Ukraine-Georgia: In 2018, Ukraine exported $485M to Georgia. The main products exported from Ukraine to Georgia were Rolled Tobacco ($130M), Raw Iron Bars ($43.1M), and Soybean Meal ($16.9M). During the last 22 years the exports of Ukraine to Georgia have increased at an annualized rate of 4.26%, from $194M in 1996 to $485M in 2018.

Georgia-Ukraine: In 2018, Georgia exported $170M to Ukraine. The main products exported from Georgia to Ukraine were Cars ($43.1M), Hard Liquor ($32.6M), and Wine ($21.5M). During the last 22 years the exports of Georgia to Ukraine have increased at an annualized rate of 16%, from $6.51M in 1996 to $170M in 2018.

Comparison: In 2018, Ukraine ranked 40 in the Economic Complexity Index (ECI 0.6), and 52 in total exports ($51.2B). That same year, Georgia ranked 63 in the Economic Complexity Index (ECI 0.037), and 121 in total exports ($3.82B). In terms of GDP Per Capita, Ukraine was ranked 138 with a GDP Per Capita of $3,095, and Georgia was ranked 112 with a GDP Per Capita of $4,717.

Bilateral Trade by Products

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Depth
Value

In 2018, Ukraine exported $485M to Georgia. The main products exported from Ukraine to Georgia were Rolled Tobacco ($130M), Raw Iron Bars ($43.1M), and Soybean Meal ($16.9M). During the last 22 years the exports of Ukraine to Georgia have increased at an annualized rate of 4.26%, from $194M in 1996 to $485M in 2018.

In 2018, Georgia exported $170M to Ukraine. The main products exported from Georgia to Ukraine were Cars ($43.1M), Hard Liquor ($32.6M), and Wine ($21.5M). During the last 22 years the exports of Georgia to Ukraine have increased at an annualized rate of 16%, from $6.51M in 1996 to $170M in 2018.

Market Competitiveness

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Measure

Ukraine
Top Destination
: Russia, $4.22B

Georgia
Top Destination
: Azerbaijan, $498M

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

In 2018, countries that imported more from Ukraine than Georgia were Russia ($4.22B), Poland ($3.2B), and Italy ($2.72B).

In 2018, countries that imported more from Georgia than Ukraine were Azerbaijan ($498M), Armenia ($267M), and Malawi ($2.47M).

Comparative Advantage Ukraine - Georgia

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Depth

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

During 2018, Ukraine had a large net trade with Georgia in the exports of Foodstuffs ($218M), Metals ($97.5M), and Animal Products ($35.6M).

During 2018, Georgia had a large net trade with Ukraine in the exports of Foodstuffs ($74.8M), Transportation ($46.8M), and Chemical Products ($26.4M).

Trade Forecasts

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This section shows a forecast for total trade between Ukraine and Georgia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Ukraine has comparative advantage over Georgia. Similarly, the more red a dot/product is, the more Georgia has comparative advantage over Ukraine.