2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP
$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH
75.7%CURRENT US$
Rnk 33 / 195
2023
Flag
GDP PC 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC
$8,284CURRENT US$
Rnk 94 / 196
2013-2023
Flag
GDP PC GROWTH
75.8%CURRENT US$
Rnk 19 / 195

About

Estonia-Georgia Trade: In 2023, Estonia exported $12.2M to Georgia. The main products that Estonia exported to Georgia were Bovine ($1.52M), Other toys ($913k), and Wood Crates ($803k). Over the past 5 years the exports of Estonia to Georgia have increased at an annualized rate of 9.16%, from $7.88M in 2018 to $12.2M in 2023.

In 2023, Estonia did not export any services to Georgia.

Georgia-Estonia Trade: In 2023, Georgia exported $11M to Estonia. The main products that Georgia exported to Estonia were Water ($2.32M), Wine ($1.97M), and Rubber Tires ($1.13M). Over the past 5 years the exports of Georgia to Estonia have increased at an annualized rate of 1.27%,  from $10.4M in 2018 to $11M in 2023.

In 2023, Georgia did not export any services to Estonia.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. That same year, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $12.2M to Georgia. The main products exported from Estonia to Georgia were Bovine ($1.52M), Other toys ($913k), and Wood Crates ($803k). During the last 5 years the exports of Estonia to Georgia have increased at an annualized rate of 9.16%, from $7.88M in 2018 to $12.2M in 2023.

In 2018, Georgia exported $11M to Estonia. The main products exported from Georgia to Estonia were Water ($2.32M), Wine ($1.97M), and Rubber Tires ($1.13M). During the last 5 years the exports of Georgia to Estonia have increased at an annualized rate of 1.27%, from $10.4M in 2023 to $11M in 2018.

Exports from Estonia (Flag) to Georgia (Flag) (2023)

Exports from Georgia (Flag) to Estonia (Flag) (2023)

Latest Data

Trade between Estonia (Flag) and Georgia (Flag)

Estonia Exports

Georgia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Georgia
Top Destination
Azerbaijan$828M

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

In 2023, countries that imported more from Estonia than Georgia included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Georgia than Estonia included Azerbaijan ($828M), Armenia ($712M), and Turkey ($733M).

Difference in imports from Georgia (Flag) and Estonia (Flag) (2023)

Comparative Advantage Estonia - Georgia

Flow
Scale

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

During 2023, Estonia had a large net trade with Georgia in the exports of Animal Products ($2.24M), Machines ($1.6M), and Chemical Products ($1.49M).

During 2018, Georgia had a large net trade with Estonia in the exports of Foodstuffs ($5.24M), Plastics and Rubbers ($1.21M), and Wood Products ($1.18M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Estonia and Georgia. This means that a dot/product with the flag of Estonia indicates it has a comparative advantage over Georgia. Similarly, a dot/product with the flag of Georgia indicates it has a comparative advantage over Estonia.

Product Space of Estonia (Flag) and Georgia (Flag) (2023)

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