2023
Flag  
GDP
$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH
75.7%CURRENT US$
Rnk 33 / 195
2023
Flag
 GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC 
$8,284CURRENT US$
Rnk 94 / 195
2013-2023
Flag
GDP PC GROWTH
75.8%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC
$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

Georgia-United Kingdom Trade: In 2023, Georgia exported $64.4M to United Kingdom. The main products that Georgia exported to United Kingdom were Knit T-shirts ($28.7M), Knit Women's Suits ($6.63M), and Knit Men's Suits ($5.26M). Over the past 5 years the exports of Georgia to United Kingdom have increased at an annualized rate of 24%, from $22M in 2018 to $64.4M in 2023.

In 2023, Georgia did not export any services to United Kingdom.

United Kingdom-Georgia Trade: In 2023, United Kingdom exported $179M to Georgia. The main products that United Kingdom exported to Georgia were Large Construction Vehicles ($43.8M), Cars ($21.3M), and Hard Liquor ($8.51M). Over the past 5 years the exports of United Kingdom to Georgia have increased at an annualized rate of 11%,  from $106M in 2018 to $179M in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Georgia exported $64.4M to United Kingdom. The main products exported from Georgia to United Kingdom were Knit T-shirts ($28.7M), Knit Women's Suits ($6.63M), and Knit Men's Suits ($5.26M). During the last 5 years the exports of Georgia to United Kingdom have increased at an annualized rate of 24%, from $22M in 2018 to $64.4M in 2023.

In 2018, United Kingdom exported $179M to Georgia. The main products exported from United Kingdom to Georgia were Large Construction Vehicles ($43.8M), Cars ($21.3M), and Hard Liquor ($8.51M). During the last 5 years the exports of United Kingdom to Georgia have increased at an annualized rate of 11%, from $106M in 2023 to $179M in 2018.

Exports from Georgia (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Georgia (Flag) (2023)

Latest Data

Trade between Georgia (Flag) and United Kingdom (Flag)

Georgia Exports

United Kingdom Exports

Market Competitiveness

Color
Georgia
Top Destination
Azerbaijan$828M
United Kingdom
Top Destination
United States$59.7B

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

In 2023, countries that imported more from Georgia than United Kingdom included Armenia ($712M), Azerbaijan ($828M), and Kyrgyzstan ($519M).

In 2023, countries that imported more from United Kingdom than Georgia included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Georgia (Flag) (2023)

Comparative Advantage Georgia - United Kingdom

Flow
Scale

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

During 2023, Georgia had a large net trade with United Kingdom in the exports of Textiles ($48.1M), Precious Metals ($4.42M), and Chemical Products ($4.31M).

During 2018, United Kingdom had a large net trade with Georgia in the exports of Machines ($64M), Chemical Products ($28.9M), and Transportation ($28.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Georgia United Kingdom+$3.04MKnit Men's Suits
Top Product Potential United Kingdom Georgia+$25.2MCars

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

Product Space of Georgia (Flag) and United Kingdom (Flag) (2023)

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