Georgia

State in United States

Exports (2019): $41B, Rnk 12/53

Top Destination (2019): $5.94B, Canada

Top Export (2019): $8.98B, Aircraft parts nes

Imports (2019): $102B, Rnk 7/53

Top Origin (2019): $19.8B, China

Top Import (2019): $8.23B, Medium Sized Cars

Economic Complexity (2019): 0.25, Rnk 29 / 53

Overview: This page contains the latest international trade data for Georgia, including export and import data.

Exports: In 2019, United States' Georgia exported $41B, making it the 12th largest exporter out of the 53 exporters in United States. In 2019 the top exports of Georgia were Aircraft parts nes ($8.98B), Parts of gas turbine engines except... ($1.41B), Chem wood pulp, soda or sulphate,... ($1.17B), Medium Sized Cars ($975M), and Paper, Kraftliner, unbleached, uncoated ($849M).

Imports: In 2019, United States' Georgia imported $102B, making it the 7th largest importer out of the 53 importers in United States. In 2019 top imports of Georgia were Medium Sized Cars ($8.23B), Commodities not specified according to kind ($3.13B), Food preparations nes ($3.04B), Fixed wing aircraft, unladen weight >... ($2.43B), and Large Sized Cars ($2.06B).

Economic Complexity: In 2019, the highest complexity exports of Georgia according to the product complexity index (PCI) are Fork-Lifts (1.71), Photographic Plates (1.67), Iron Fasteners (1.66), Polyamides (1.65), and Acrylic Polymers (1.61). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): Canada, $5.94B

Top Product (2019): Aircraft parts nes, $8.98B

In 2019 the top export destinations of Georgia were Canada ($5.94B), Mexico ($3.52B), Germany ($2.77B), China ($2.36B), and Singapore ($2.06B).

In 2019 the top exports of Georgia were Aircraft parts nes ($8.98B), Parts of gas turbine engines except... ($1.41B), Chem wood pulp, soda or sulphate,... ($1.17B), Medium Sized Cars ($975M), and Paper, Kraftliner, unbleached, uncoated ($849M).

Export Dynamics

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Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

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Year

Top Origin (2019): China, $19.8B

Top Import (2019): Medium Sized Cars, $8.23B

In 2019 the top import origins of Georgia were China ($19.8B), Germany ($9.51B), Mexico ($7.78B), South Korea ($7.27B), and Japan ($6.6B).

In 2019 the top imports of Georgia were Medium Sized Cars ($8.23B), Commodities not specified according to kind ($3.13B), Food preparations nes ($3.04B), Fixed wing aircraft, unladen weight >... ($2.43B), and Large Sized Cars ($2.06B).

Import Dynamics

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Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

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This section shows differences between total trade from Georgia throughout time.

This section shows forecasts for total exports and imports from Georgia. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of United States

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Georgia ranks 29th out of the 53 states and territories in United States according to ECI.

Estimated using exports data.

Discover Economic Complexity

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Georgia already has a comparative advantage, are led by X-Ray Equipment (0.27), Planes, Helicopters, and/or Spacecraft (0.26), Other Frozen Vegetables (0.26), Antiknock (0.26), and Orthopedic Appliances (0.26).

Most Complex Products by PCI

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The highest complexity exports of Georgia according to the product complexity index (PCI) are Fork-Lifts (1.71), Photographic Plates (1.67), Iron Fasteners (1.66), Polyamides (1.65), and Acrylic Polymers (1.61). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Kaolin (106), Ground Nuts (47.3), Aircraft Parts (42.3), Dissolving Grades Chemical Woodpulp (30.3), and Uncoated Kraft Paper (29.6).

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since Georgia is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Relatedness Space

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This network shows the products most related to the production structure of  Georgia. These are products that tend to be co-exported with the products that Georgia exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.