GeorgiaState 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.
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).
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).
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.
Georgia ranks 29th out of the 53 states and territories in United States according to ECI.
Estimated using exports data.
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).
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.
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.
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.
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