Georgia (GEO) and Indonesia (IDN) Trade | The Observatory of Economic Complexity

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Georgia-Indonesia Trade: In 2023, Georgia exported $1.03M to Indonesia. The main products that Georgia exported to Indonesia were Raw Aluminium ($523k), Tanned Equine and Bovine Hides ($65.1k), and Knit T-shirts ($58.4k). Over the past 5 years the exports of Georgia to Indonesia have increased at an annualized rate of 8.61%, from $684k in 2018 to $1.03M in 2023.

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

Indonesia-Georgia Trade: In 2023, Indonesia exported $68.4M to Georgia. The main products that Indonesia exported to Georgia were Copper Ore ($26.5M), Other Electrical Machinery ($11.2M), and Coffee ($8.64M). Over the past 5 years the exports of Indonesia to Georgia have increased at an annualized rate of 29.4%, from $18.9M in 2018 to $68.4M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Georgia exported $1.03M to Indonesia. The main products exported from Georgia to Indonesia were Raw Aluminium ($523k), Tanned Equine and Bovine Hides ($65.1k), and Knit T-shirts ($58.4k). During the last 5 years the exports of Georgia to Indonesia have increased at an annualized rate of 8.61%, from $684k in 2018 to $1.03M in 2023.

In 2018, Indonesia exported $68.4M to Georgia. The main products exported from Indonesia to Georgia were Copper Ore ($26.5M), Other Electrical Machinery ($11.2M), and Coffee ($8.64M). During the last 5 years the exports of Indonesia to Georgia have increased at an annualized rate of 29.4%, from $18.9M in 2023 to $68.4M in 2018.

Exports from Georgia () to Indonesia () (2023)

Exports from Indonesia () to Georgia () (2023)

Latest Data

Trade between Georgia () and Indonesia ()

Georgia Exports

Date

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationAzerbaijan$828M

Indonesia
Top DestinationChina$70.7B

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

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

In 2023, countries that imported more from Indonesia than Georgia included China ($70.7B), United States ($27.9B), and India ($24B).

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

Comparative Advantage Georgia - Indonesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Georgia had a large net trade with Indonesia in the exports of Metals ($577k), Machines ($141k), and Textiles ($120k).

During 2018, Indonesia had a large net trade with Georgia in the exports of Mineral Products ($26.5M), Machines ($22.3M), and Vegetable Products ($8.73M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Georgia Indonesia+$700kRaw Aluminium

Top Product Potential Indonesia Georgia+$5.36MPalm Oil

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

About

Historical Data

Bilateral Trade by Products

Exports from Georgia () to Indonesia () (2023)

Exports from Indonesia () to Georgia () (2023)

Latest Data

Trade between Georgia () and Indonesia ()

Georgia Exports

Indonesia Exports

Market Competitiveness

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

Comparative Advantage Georgia - Indonesia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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