2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 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 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 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

Brazil-Georgia Trade: In 2022, Brazil exported $326M to Georgia. The main products that Brazil exported to Georgia were Raw Sugar ($196M), Copper Ore ($42.4M), and Pig Meat ($37.4M). Over the past 5 years the exports of Brazil to Georgia have increased at an annualized rate of 13.5%, from $174M in 2017 to $326M in 2022.

In 2022, Brazil did not export any services to Georgia.

Georgia-Brazil In N/A, Georgia did not export any products to Brazil.

In 2022, Georgia did not export any services to Brazil.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $326M to Georgia. The main products exported from Brazil to Georgia were Raw Sugar ($196M), Copper Ore ($42.4M), and Pig Meat ($37.4M). During the last 5 years the exports of Brazil to Georgia have increased at an annualized rate of 13.5%, from $174M in 2017 to $326M in 2022.

Georgia does not register exports to Brazil. The main products exported from Georgia to Brazil were Knit T-shirts ($968k), Other Nuts ($375k), and Polyacetals ($228k).

Exports from Brazil (Flag) to Georgia (Flag) (2022)

Exports from Georgia (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Georgia
Top Destination
China$759M

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

In 2022, countries that imported more from Brazil than Georgia included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Georgia than Brazil included Armenia ($571M), Azerbaijan ($668M), and Bulgaria ($502M).

Difference in imports from Georgia (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Georgia

Flow
Scale

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

During 2022, Brazil had a large net trade with Georgia in the exports of Foodstuffs ($202M), Animal Products ($73.7M), and Mineral Products ($43.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Georgia+$4.5MFrozen Bovine Meat
Top Product Potential Georgia Brazil+$788kKnit T-shirts

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

Product Space of Brazil (Flag) and Georgia (Flag) (2022)

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