2022
Flag  
GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC 
$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
Rnk 36 / 186
2022
Flag
GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Georgia-Philippines Trade: In 2022, Georgia exported $6.12M to Philippines. The main products that Georgia exported to Philippines were Poultry Meat ($2.41M), Animal Meal and Pellets ($2.03M), and Pesticides ($372k). Over the past 5 years the exports of Georgia to Philippines have increased at an annualized rate of 28.8%, from $1.73M in 2017 to $6.12M in 2022.

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

Philippines-Georgia Trade: In 2022, Philippines exported $1.98M to Georgia. The main products that Philippines exported to Georgia were Coconuts, Brazil Nuts, and Cashews ($749k), Motor vehicles; parts and accessories (8701 to 8705) ($485k), and Packaged Medicaments ($400k). Over the past 5 years the exports of Philippines to Georgia have decreased at an annualized rate of 7.89%,  from $2.98M in 2017 to $1.98M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Georgia exported $6.12M to Philippines. The main products exported from Georgia to Philippines were Poultry Meat ($2.41M), Animal Meal and Pellets ($2.03M), and Pesticides ($372k). During the last 5 years the exports of Georgia to Philippines have increased at an annualized rate of 28.8%, from $1.73M in 2017 to $6.12M in 2022.

In 2017, Philippines exported $1.98M to Georgia. The main products exported from Philippines to Georgia were Coconuts, Brazil Nuts, and Cashews ($749k), Motor vehicles; parts and accessories (8701 to 8705) ($485k), and Packaged Medicaments ($400k). During the last 5 years the exports of Philippines to Georgia have decreased at an annualized rate of 7.89%, from $2.98M in 2022 to $1.98M in 2017.

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

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

Latest Data

Trade between Georgia (Flag) and Philippines (Flag)

Georgia Exports

Philippines Exports

Market Competitiveness

Color
Georgia
Top Destination
China$759M
Philippines
Top Destination
United States$15.5B

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

In 2022, countries that imported more from Georgia than Philippines included Azerbaijan ($668M), Russia ($642M), and Armenia ($571M).

In 2022, countries that imported more from Philippines than Georgia included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Georgia - Philippines

Flow
Scale

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

During 2022, Georgia had a large net trade with Philippines in the exports of Animal Products ($2.41M), Foodstuffs ($2.03M), and Textiles ($442k).

During 2017, Philippines had a large net trade with Georgia in the exports of Vegetable Products ($749k), Transportation ($504k), and Chemical Products ($401k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Georgia Philippines+$4.25kRefined Petroleum
Top Product Potential Philippines Georgia+$3.84kComputers

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

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

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