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2022
Flag → Flag
Exports $5.9MRnk 57 / 154
2022
Flag → Flag
Top Product $2.16MWine
2022
Flag → Flag
Exports $14.7MRnk 76 / 188
2022
Flag → Flag
Top Product $2.02MWood Crates
2022
Flag
Economic Complexity (ECI) ECI 0.036Rnk 64 / 133
2022
Flag  
GDP$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH49.2%CURRENT US$
Rnk 64 / 186
2022
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 GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
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GDP PC $6,628CURRENT US$
Rnk 99 / 186
2012-2022
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GDP PC GROWTH49.9%CURRENT US$
Rnk 36 / 186
2022
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GDP PC$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186

About

Georgia-Estonia Trade: In 2022, Georgia exported $5.9M to Estonia. The main products that Georgia exported to Estonia were Wine ($2.16M), Other Nuts ($491k), and Scrap Iron ($351k). Over the past 5 years the exports of Georgia to Estonia have decreased at an annualized rate of 9.53%, from $9.73M in 2017 to $5.9M in 2022.

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

Estonia-Georgia Trade: In 2022, Estonia exported $14.7M to Georgia. The main products that Estonia exported to Georgia were Wood Crates ($2.02M), Perfumes ($1.25M), and Bovine ($913k). Over the past 5 years the exports of Estonia to Georgia have increased at an annualized rate of 14.2%,  from $7.55M in 2017 to $14.7M in 2022.

In 2022, Estonia 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Georgia exported $5.9M to Estonia. The main products exported from Georgia to Estonia were Wine ($2.16M), Other Nuts ($491k), and Scrap Iron ($351k). During the last 5 years the exports of Georgia to Estonia have decreased at an annualized rate of 9.53%, from $9.73M in 2017 to $5.9M in 2022.

In 2017, Estonia exported $14.7M to Georgia. The main products exported from Estonia to Georgia were Wood Crates ($2.02M), Perfumes ($1.25M), and Bovine ($913k). During the last 5 years the exports of Estonia to Georgia have increased at an annualized rate of 14.2%, from $7.55M in 2022 to $14.7M in 2017.

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

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

Market Competitiveness

Color
Georgia
Top DestinationChina$759M
Estonia
Top DestinationFinland$3B

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

In 2022, countries that imported more from Georgia than Estonia included Azerbaijan ($668M), Armenia ($571M), and China ($759M).

In 2022, countries that imported more from Estonia than Georgia included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Georgia - Estonia

Flow
Scale

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

During 2022, Georgia had a large net trade with Estonia in the exports of Foodstuffs ($3M), Vegetable Products ($681k), and Metals ($538k).

During 2017, Estonia had a large net trade with Georgia in the exports of Animal Products ($2.58M), Machines ($2.29M), and Chemical Products ($2.13M).

Economic Complexity

Competitive Landscape

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

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

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