2022
Flag  
GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC 
$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
Rnk 36 / 186
2022
Flag
GDP PC
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

Georgia-Australia Trade: In 2022, Georgia exported $5.02M to Australia. The main products that Georgia exported to Australia were Knit T-shirts ($1.11M), Fruit Juice ($1.09M), and Knit Sweaters ($347k). Over the past 5 years the exports of Georgia to Australia have increased at an annualized rate of 3.54%, from $4.22M in 2017 to $5.02M in 2022.

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

Australia-Georgia Trade: In 2022, Australia exported $17M to Georgia. The main products that Australia exported to Georgia were Aluminium Oxide ($10.9M), Stone Processing Machines ($1.83M), and Locomotive Parts ($641k). Over the past 5 years the exports of Australia to Georgia have increased at an annualized rate of 11.2%,  from $9.02M in 2017 to $17M in 2022.

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

Comparison: In 2022,  Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Latest Data

Trade between Georgia (Flag) and Australia (Flag)

Georgia Exports

Australia Exports

Market Competitiveness

Color
Georgia
Top Destination
China$759M
Australia
Top Destination
China$123B

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

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

In 2022, countries that imported more from Australia than Georgia included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Georgia Australia+$1.21MKnit T-shirts
Top Product Potential Australia Georgia+$170kIron Structures

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

Product Space of Georgia (Flag) and Australia (Flag) (NaN)

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