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Overview This page contains the latest international trade data for Georgia. In March 2024 Georgia was the number 12 in total exports and the number 7 in total imports in United States.

Exports In 2023, United States' Georgia exported $47.3B, making it the 12th largest exporter out of the 53 exporters in United States. In 2023 the top exports of Georgia were Other Aircraft parts ($8.24B), Medium Sized Cars ($1.63B), Chicken Meat Cuts & Organs (Frozen) ($1.34B), Chem wood pulp, soda or sulphate,... ($1.32B), and Cotton, not carded or combed ($1.14B).

Imports In 2023, United States' Georgia imported $149B, making it the 7th largest importer out of the 53 importers in United States. In 2023 top imports of Georgia were Medium Sized Cars ($7.29B), Immunological products packings for retail sale ($6.91B), Communication apparatus (excluding telephone sets or... ($3.45B), Large Sized Cars ($2.92B), and Commodities not specified according to kind ($2.53B).

Economic Complexity In 2023, the highest complexity exports of Georgia according to the product complexity index (PCI) are Gaskets (1.38), Other Nickel Products (1.31), Acrylic Polymers (1.3), Petroleum Resins (1.24), Metal-Rolling Mills (1.22), Rubber Textile Fabric (1.06), Gas Turbines (1.05), Glass Balls (0.96), Large Construction Vehicles (0.94), and Aluminium Gas Containers (0.85). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)Canada$7.65B
Top Product (2023)Other Aircraft parts $8.24B

In 2023 the top export destinations of Georgia were Canada ($7.65B), Mexico ($4.88B), China ($3.94B), Germany ($2.65B), and Singapore ($2.22B).

In 2023 the top exports of Georgia were Other Aircraft parts ($8.24B), Medium Sized Cars ($1.63B), Chicken Meat Cuts & Organs (Frozen) ($1.34B), Chem wood pulp, soda or sulphate,... ($1.32B), and Cotton, not carded or combed ($1.14B).

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Exports Dynamics

Fastest Growing Exports Destination (Mar 2023 - Mar 2024)
Netherlands $89.8M (60.1%)
Mexico $77.2M (17.5%)
Greece $64.6M (1.67k%)
Rapidly Declining Export Origins (Mar 2023 - Mar 2024)
Indonesia -$91.3M (-76.7%)
China -$81.4M (-22.2%)
Brazil -$57.3M (-56.1%)

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Yearly Imports

Color
Depth
Top Origin (2023)China$17.5B
Top Import (2023)Medium Sized Cars$7.29B

In 2023 the top import origins of Georgia were China ($17.5B), South Korea ($14.8B), Mexico ($13.7B), Germany ($10.2B), and Japan ($7.17B).

In 2023 the top imports of Georgia were Medium Sized Cars ($7.29B), Immunological products packings for retail sale ($6.91B), Communication apparatus (excluding telephone sets or... ($3.45B), Large Sized Cars ($2.92B), and Commodities not specified according to kind ($2.53B).

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Imports Dynamics

Fastest Growing Import Origins (Mar 2023 - Mar 2024)
Belgium $459M (875%)
Mexico $135M (11.3%)
India $104M (31.2%)
Rapidly Declining Import Origins (Mar 2023 - Mar 2024)
Chile -$203M (-47.7%)
United Kingdom -$132M (-27.5%)
Indonesia -$119M (-40.8%)

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Economic Complexity

Economic Complexity of Georgia

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Economic Complexity (2023)0.22

Georgia ranks 36th out of the 53 states and territories in United States according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Georgia already has a comparative advantage, are led by Planes, Helicopters, and/or Spacecraft (0.26), Orthopedic Appliances (0.26), Chemical Analysis Instruments (0.26), Non-optical Microscopes (0.26), and Compasses (0.25).

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Most Complex Products by PCI

The highest complexity exports of Georgia according to the product complexity index (PCI) are Gaskets (1.38), Other Nickel Products (1.31), Acrylic Polymers (1.3), Petroleum Resins (1.24), Metal-Rolling Mills (1.22), Rubber Textile Fabric (1.06), Gas Turbines (1.05), Glass Balls (0.96), Large Construction Vehicles (0.94), and Aluminium Gas Containers (0.85). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Kaolin (103.02), Aircraft Parts (52.60), Other Nickel Products (32.42), Ground Nuts (30.93), and Work Trucks (30.73).

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Product Space

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.

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Relatedness Space

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.

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Diversification Frontier

Depth
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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. Bubble size corresponds to exports value by year 2020.

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