2023
Flag  
GDP
$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
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GDP GROWTH
75.7%CURRENT US$
Rnk 33 / 195
2023
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 GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
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GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
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GDP PC 
$8,284CURRENT US$
Rnk 94 / 195
2013-2023
Flag
GDP PC GROWTH
75.8%CURRENT US$
Rnk 19 / 195
2023
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GDP PC
$32,094CURRENT US$
Rnk 44 / 196
2013-2023
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GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Georgia-Saudi Arabia Trade: In 2023, Georgia exported $27.8M to Saudi Arabia. The main products that Georgia exported to Saudi Arabia were Sheep and Goats ($16.3M), Other Nuts ($2.19M), and Sheep and Goat Meat ($1.52M). Over the past 5 years the exports of Georgia to Saudi Arabia have increased at an annualized rate of 66.8%, from $2.15M in 2018 to $27.8M in 2023.

In 2023, Georgia did not export any services to Saudi Arabia.

Saudi Arabia-Georgia Trade: In 2023, Saudi Arabia exported $12.5M to Georgia. The main products that Saudi Arabia exported to Georgia were Propylene Polymers ($7.4M), Ethylene Polymers ($2.6M), and Gas Turbines ($656k). Over the past 5 years the exports of Saudi Arabia to Georgia have increased at an annualized rate of 26.4%,  from $3.89M in 2018 to $12.5M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Georgia exported $27.8M to Saudi Arabia. The main products exported from Georgia to Saudi Arabia were Sheep and Goats ($16.3M), Other Nuts ($2.19M), and Sheep and Goat Meat ($1.52M). During the last 5 years the exports of Georgia to Saudi Arabia have increased at an annualized rate of 66.8%, from $2.15M in 2018 to $27.8M in 2023.

In 2018, Saudi Arabia exported $12.5M to Georgia. The main products exported from Saudi Arabia to Georgia were Propylene Polymers ($7.4M), Ethylene Polymers ($2.6M), and Gas Turbines ($656k). During the last 5 years the exports of Saudi Arabia to Georgia have increased at an annualized rate of 26.4%, from $3.89M in 2023 to $12.5M in 2018.

Exports from Georgia (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Georgia (Flag) (2023)

Latest Data

Trade between Georgia (Flag) and Saudi Arabia (Flag)

Georgia Exports

Saudi Arabia Exports

Market Competitiveness

Color
Georgia
Top Destination
Azerbaijan$828M
Saudi Arabia
Top Destination
China$64.4B

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

In 2023, countries that imported more from Georgia than Saudi Arabia included Azerbaijan ($828M), Armenia ($712M), and Russia ($657M).

In 2023, countries that imported more from Saudi Arabia than Georgia included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Georgia (Flag) (2023)

Comparative Advantage Georgia - Saudi Arabia

Flow
Scale

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

During 2023, Georgia had a large net trade with Saudi Arabia in the exports of Animal Products ($17.9M), Vegetable Products ($2.63M), and Textiles ($2.05M).

During 2018, Saudi Arabia had a large net trade with Georgia in the exports of Plastics and Rubbers ($10.2M), Machines ($841k), and Animal Products ($418k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Georgia Saudi Arabia+$4.29kGold
Top Product Potential Saudi Arabia Georgia+$6.8kRefined Petroleum

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

Product Space of Georgia (Flag) and Saudi Arabia (Flag) (2023)

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