2022
Flag  
GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
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GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
 GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 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
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186

About

Georgia-Brazil Trade: In 2022, Georgia exported $2.38M to Brazil. The main products that Georgia exported to Brazil were Knit T-shirts ($968k), Other Nuts ($375k), and Polyacetals ($228k). Over the past 5 years the exports of Georgia to Brazil have increased at an annualized rate of 29.3%, from $657k in 2017 to $2.38M in 2022.

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

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 11.1%,  from $174M in 2017 to $326M in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Georgia exported $2.38M to Brazil. The main products exported from Georgia to Brazil were Knit T-shirts ($968k), Other Nuts ($375k), and Polyacetals ($228k). During the last 5 years the exports of Georgia to Brazil have increased at an annualized rate of 29.3%, from $657k in 2017 to $2.38M in 2022.

In 2017, 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 11.1%, from $174M in 2022 to $326M in 2017.

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

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

Latest Data

Trade between Georgia (Flag) and Brazil (Flag)

Georgia Exports

Brazil Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Georgia - Brazil

Flow
Scale

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

During 2022, Georgia had a large net trade with Brazil in the exports of Textiles ($1.31M), Vegetable Products ($415k), and Plastics and Rubbers ($229k).

During 2017, 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 Georgia Brazil+$788kKnit T-shirts
Top Product Potential Brazil Georgia+$4.5MFrozen Bovine Meat

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

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

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