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Pricing

2022
Flag → Flag
Exports $33.2MRnk 117 / 215
2022
Flag → Flag
Top Product $14.4MCars
2022
Flag → Flag
Exports $15.3MRnk 39 / 154
2022
Flag → Flag
Top Product $4.12MFerroalloys
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.036Rnk 64 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH49.9%CURRENT US$
Rnk 36 / 186

About

Canada-Georgia Trade: In 2022, Canada exported $33.2M to Georgia. The main products that Canada exported to Georgia were Cars ($14.4M), Stone Processing Machines ($6.71M), and Pig Meat ($2.74M). Over the past 5 years the exports of Canada to Georgia have decreased at an annualized rate of 0.94%, from $34.8M in 2017 to $33.2M in 2022.

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

Georgia-Canada Trade: In 2022, Georgia exported $15.3M to Canada. The main products that Georgia exported to Canada were Ferroalloys ($4.12M), Cars ($1.97M), and Navigation Equipment ($1.65M). Over the past 5 years the exports of Georgia to Canada have decreased at an annualized rate of 12.1%,  from $29M in 2017 to $15.3M in 2022.

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

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Latest Trends

June, 2024

About

Overview In June 2024, Canada exported C$13.6M and imported C$2.21M from Georgia, resulting in a positive trade balance of C$11.4M. Between June 2023 and June 2024 the exports of Canada have increased by C$9.29M (214%) from C$4.34M to C$13.6M, while imports increased by C$845k (62.1%) from C$1.36M to C$2.21M.

Trade In June 2024, the top exports of Canada to Georgia were Cars (C$2.89M), Sausages (C$395k), Stone Processing Machines (C$295k), Pig Meat (C$230k), and Delivery Trucks (C$190k). In June 2024 the top imports of Canada from Georgia were Centrifuges (C$591k), Brochures (C$132k), Ferroalloys (C$129k), Wine (C$92.8k), and Water (C$85.7k).

Origins In June 2024 the exports of Canada were mainly from Quebec (C$8.42M), Ontario (C$5.13M), British Columbia (C$63.7k), and Saskatchewan (C$9.36k), while imports destinations were mainly Ontario (C$1.77M), Quebec (C$310k), British Columbia (C$85.8k), Alberta (C$29.7k), and Manitoba (C$5.69k).

Growth In June 2024, the increase in Canada's year-by-year exports to Georgia was explained primarily by an increase in product exports in Cars (C$1.94M or 205%) and Laboratory Reagents (C$27.6k or 70.6%). In June 2024, the increase in Canada's year-by-year imports  from Georgia was explained primarily by an increase in product imports  in Centrifuges (C$591k or 185k%), Water (C$62.9k or 275%), and Abrasive Powder (C$53.5k or 372%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)C$9.29M(214%)
IMPORT GROWTH (June 2023 - June 2024)C$845k(62.1%)
MAIN EXPORTER (June 2024)QuebecC$8.42M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Georgia and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Georgia and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $33.2M to Georgia. The main products exported from Canada to Georgia were Cars ($14.4M), Stone Processing Machines ($6.71M), and Pig Meat ($2.74M). During the last 5 years the exports of Canada to Georgia have decreased at an annualized rate of 0.94%, from $34.8M in 2017 to $33.2M in 2022.

In 2017, Georgia exported $15.3M to Canada. The main products exported from Georgia to Canada were Ferroalloys ($4.12M), Cars ($1.97M), and Navigation Equipment ($1.65M). During the last 5 years the exports of Georgia to Canada have decreased at an annualized rate of 12.1%, from $29M in 2022 to $15.3M in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Georgia
Top DestinationChina$759M

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

In 2022, countries that imported more from Canada than Georgia included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Georgia than Canada included Azerbaijan ($668M), Armenia ($571M), and Russia ($642M).

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

Comparative Advantage Canada - Georgia

Flow
Scale

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

During 2022, Canada had a large net trade with Georgia in the exports of Transportation ($15M), Machines ($8.16M), and Animal Products ($6.02M).

During 2017, Georgia had a large net trade with Canada in the exports of Metals ($4.22M), Machines ($2.78M), and Transportation ($2.01M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Georgia+$15.6MCars
Top Product Potential Georgia Canada+$2.39MFerroalloys

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

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

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