Georgia (GEO) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Georgia-Japan Trade: In 2023, Georgia exported $16.8M to Japan. The main products that Georgia exported to Japan were Raw Aluminium ($2.79M), Scrap Copper ($2.59M), and Non-Knit Women's Coats ($2.38M). Over the past 5 years the exports of Georgia to Japan have decreased at an annualized rate of 2.99%, from $19.6M in 2018 to $16.8M in 2023.

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

Japan-Georgia Trade: In 2023, Japan exported $604M to Georgia. The main products that Japan exported to Georgia were Cars ($572M), Rubber Tires ($9.53M), and Delivery Trucks ($3.92M). Over the past 5 years the exports of Japan to Georgia have increased at an annualized rate of 19.9%, from $244M in 2018 to $604M in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Georgia exported $16.8M to Japan. The main products exported from Georgia to Japan were Raw Aluminium ($2.79M), Scrap Copper ($2.59M), and Non-Knit Women's Coats ($2.38M). During the last 5 years the exports of Georgia to Japan have decreased at an annualized rate of 2.99%, from $19.6M in 2018 to $16.8M in 2023.

In 2018, Japan exported $604M to Georgia. The main products exported from Japan to Georgia were Cars ($572M), Rubber Tires ($9.53M), and Delivery Trucks ($3.92M). During the last 5 years the exports of Japan to Georgia have increased at an annualized rate of 19.9%, from $244M in 2023 to $604M in 2018.

Exports from Georgia () to Japan () (2023)

Exports from Japan () to Georgia () (2023)

Latest Data

Trade between Georgia () and Japan ()

Georgia Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationAzerbaijan$828M

Japan
Top DestinationUnited States$143B

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

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

In 2023, countries that imported more from Japan than Georgia included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Georgia - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Georgia had a large net trade with Japan in the exports of Metals ($5.41M), Textiles ($3.16M), and Chemical Products ($2.73M).

During 2018, Japan had a large net trade with Georgia in the exports of Transportation ($580M), Plastics and Rubbers ($12.3M), and Chemical Products ($5.38M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Georgia Japan+$2.99MRaw Aluminium

Top Product Potential Japan Georgia+$17.9MCars

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

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Historical Data

Bilateral Trade by Products

Exports from Georgia () to Japan () (2023)

Exports from Japan () to Georgia () (2023)

Latest Data

Trade between Georgia () and Japan ()

Georgia Exports

Japan Exports

Market Competitiveness

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

Comparative Advantage Georgia - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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