Georgia (GEO) and Germany (DEU) Trade | The Observatory of Economic Complexity

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Georgia-Germany Trade: In 2023, Georgia exported $95M to Germany. The main products that Georgia exported to Germany were Knit T-shirts ($12.1M), Other Nuts ($11.5M), and Knit Women's Suits ($9.22M). Over the past 5 years the exports of Georgia to Germany have increased at an annualized rate of 0.39%, from $93.1M in 2018 to $95M in 2023.

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

Germany-Georgia Trade: In 2023, Germany exported $969M to Georgia. The main products that Germany exported to Georgia were Cars ($345M), Packaged Medicaments ($57.5M), and Delivery Trucks ($44.6M). Over the past 5 years the exports of Germany to Georgia have increased at an annualized rate of 15.7%, from $467M in 2018 to $969M in 2023.

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

Comparison: In 2023, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Georgia exported $95M to Germany. The main products exported from Georgia to Germany were Knit T-shirts ($12.1M), Other Nuts ($11.5M), and Knit Women's Suits ($9.22M). During the last 5 years the exports of Georgia to Germany have increased at an annualized rate of 0.39%, from $93.1M in 2018 to $95M in 2023.

In 2018, Germany exported $969M to Georgia. The main products exported from Germany to Georgia were Cars ($345M), Packaged Medicaments ($57.5M), and Delivery Trucks ($44.6M). During the last 5 years the exports of Germany to Georgia have increased at an annualized rate of 15.7%, from $467M in 2023 to $969M in 2018.

Exports from Georgia () to Germany () (2023)

Exports from Germany () to Georgia () (2023)

Latest Data

Trade between Georgia () and Germany ()

Georgia Exports

Date

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationAzerbaijan$828M

Germany
Top DestinationUnited States$157B

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

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

In 2023, countries that imported more from Germany than Georgia included United States ($157B), France ($118B), and Netherlands ($108B).

Difference in imports from Germany () and Georgia () (2023)

Comparative Advantage Georgia - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Georgia had a large net trade with Germany in the exports of Textiles ($32.7M), Vegetable Products ($19.5M), and Foodstuffs ($16.5M).

During 2018, Germany had a large net trade with Georgia in the exports of Transportation ($476M), Machines ($141M), and Chemical Products ($128M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Georgia Germany+$10.3MKnit T-shirts

Top Product Potential Germany Georgia+$73.1MCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Georgia () to Germany () (2023)

Exports from Germany () to Georgia () (2023)

Latest Data

Trade between Georgia () and Germany ()

Georgia Exports

Germany Exports

Market Competitiveness

Difference in imports from Germany () and Georgia () (2023)

Comparative Advantage Georgia - Germany

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Georgia () and Germany () (2023)

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