Georgia / Russia

Georgia-Russia Trade: In 2022, Georgia exported $642M to Russia. The main products that Georgia exported to Russia were Wine ($161M), Ferroalloys ($109M), and Cars ($75.7M). Over the past 5 years the exports of Georgia to Russia have increased at an annualized rate of 9.45%, from $409M in 2017 to $642M in 2022.

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

Russia-Georgia Trade: In 2022, Russia exported $1.83B to Georgia. The main products that Russia exported to Georgia were Refined Petroleum ($622M), Petroleum Gas ($112M), and Wheat Flours ($66.8M). Over the past 5 years the exports of Russia to Georgia have increased at an annualized rate of 16.9%,  from $839M in 2017 to $1.83B in 2022.

In 2020, Russia exported services to Georgia worth $48.5M, with Transportation ($11.2M), Travel ($9.84M), and Other business services ($8.5M) being the largest in terms of value.

Comparison: In 2022,  Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).