Georgia / Serbia

Georgia-Serbia Trade: In 2023, Georgia exported $2.91M to Serbia. The main products that Georgia exported to Serbia were Medical Instruments ($974k), Computers ($338k), and Other Nuts ($308k). Over the past 5 years the exports of Georgia to Serbia have increased at an annualized rate of 90.1%, from $117k in 2018 to $2.91M in 2023.

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

Serbia-Georgia Trade: In 2023, Serbia exported $22.6M to Georgia. The main products that Serbia exported to Georgia were Copper Ore ($5.19M), Rubber Tires ($2.46M), and Cellulose Fibers Paper ($2.31M). Over the past 5 years the exports of Serbia to Georgia have increased at an annualized rate of 20%,  from $9.08M in 2018 to $22.6M in 2023.

In 2009, Serbia exported services to Georgia worth $371k, with Workers' remittances ($146k), Travel ($101k), and Other business services ($62k) being the largest in terms of value.

Comparison: In 2023,  Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B). That same year, Serbia ranked 35 in the Economic Complexity Index (ECI 0.76), and 69 in total exports ($32.6B).