2022
Flag  
GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
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GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
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 GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
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GDP PC 
$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
Rnk 36 / 186
2022
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GDP PC
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186

About

Georgia-Luxembourg In 2022, Georgia exported $3.43M to Luxembourg. The main products that Georgia exported to Luxembourg are Propylene Polymers ($3.23M), Integrated Circuits ($48.8k), and Knit T-shirts ($36.5k). During the last 22 years the exports of Georgia to Luxembourg have increased at an annualized rate of 64.5%, from $60 in 2000 to $3.43M in 2022.

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

Luxembourg-Georgia In 2022, Luxembourg exported $6.53M to Georgia. The main products that Luxembourg exported to Georgia were Copper Ore ($1.85M), Rubberworking Machinery ($1.01M), and Rubber Tires ($516k). During the last 22 years the exports of Luxembourg to Georgia have increased at an annualized rate of 6.84%, from $1.52M in 2000 to $6.53M in 2022.

In 2022, Luxembourg 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, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Georgia exported $3.43M to Luxembourg. The main products exported from Georgia to Luxembourg were Propylene Polymers ($3.23M), Integrated Circuits ($48.8k), and Knit T-shirts ($36.5k). During the last 22 years the exports of Georgia to Luxembourg have increased at an annualized rate of 64.5%, from $60 in 2000 to $3.43M in 2022.

In 2022, Luxembourg exported $6.53M to Georgia. The main products exported from Luxembourg to Georgia were Copper Ore ($1.85M), Rubberworking Machinery ($1.01M), and Rubber Tires ($516k). During the last 23 years the exports of Luxembourg to Georgia have increased at an annualized rate of 6.84%, from $1.52M in 1999 to $6.53M in 2022.

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

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

Latest Data

Trade between Georgia (Flag) and Luxembourg (Flag)

Georgia Exports

Luxembourg Exports

Market Competitiveness

Color
Georgia
Top Destination
China$759M
Luxembourg
Top Destination
Germany$4.15B

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

In 2021, countries that imported more from Georgia than Luxembourg were Azerbaijan ($668M), Russia ($642M), and Armenia ($571M).

In 2021, countries that imported more from Luxembourg than Georgia were Germany ($4.15B), France ($3.07B), and Belgium ($2.09B).

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

Comparative Advantage Georgia - Luxembourg

Flow
Scale

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

During 2022, Georgia had a large net trade with Luxembourg in the exports of Plastics and Rubbers ($3.24M), Textiles ($97.2k), and Machines ($75.2k).

During 2022, Luxembourg had a large net trade with Georgia in the exports of Machines ($1.93M), Mineral Products ($1.85M), and Plastics and Rubbers ($870k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Georgia has comparative advantage over Luxembourg. Similarly, the more yellow a dot/product is, the more Luxembourg has comparative advantage over Georgia.

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

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