2022
Flag  
GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
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GDP GROWTH
49.2%CURRENT US$
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2022
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 GDP
$495BCURRENT US$
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2012-2022
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GDP GROWTH
24.6%CURRENT US$
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2022
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GDP PC 
$6,628CURRENT US$
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2012-2022
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GDP PC GROWTH
49.9%CURRENT US$
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2022
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GDP PC
$6,909CURRENT US$
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2012-2022
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GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186

About

Georgia-Thailand In 2022, Georgia exported $1.7M to Thailand. The main products that Georgia exported to Thailand are Knit T-shirts ($605k), Nitrogen Heterocyclic Compounds ($592k), and Cars ($117k). During the last 27 years the exports of Georgia to Thailand have decreased at an annualized rate of 1.91%, from $2.87M in 1995 to $1.7M in 2022.

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

Thailand-Georgia In 2022, Thailand exported $31.7M to Georgia. The main products that Thailand exported to Georgia were Refrigerators ($6.22M), Delivery Trucks ($4.81M), and Rice ($3M). During the last 27 years the exports of Thailand to Georgia have increased at an annualized rate of 10%, from $2.4M in 1995 to $31.7M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Georgia exported $1.7M to Thailand. The main products exported from Georgia to Thailand were Knit T-shirts ($605k), Nitrogen Heterocyclic Compounds ($592k), and Cars ($117k). During the last 27 years the exports of Georgia to Thailand have decreased at an annualized rate of 1.91%, from $2.87M in 1995 to $1.7M in 2022.

In 2022, Thailand exported $31.7M to Georgia. The main products exported from Thailand to Georgia were Refrigerators ($6.22M), Delivery Trucks ($4.81M), and Rice ($3M). During the last 27 years the exports of Thailand to Georgia have increased at an annualized rate of 10%, from $2.4M in 1995 to $31.7M in 2022.

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

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

Latest Data

Trade between Georgia (Flag) and Thailand (Flag)

Georgia Exports

Thailand Exports

Market Competitiveness

Color
Georgia
Top Destination
China$759M
Thailand
Top Destination
United States$53.4B

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

In 2021, countries that imported more from Georgia than Thailand were Azerbaijan ($668M), Armenia ($571M), and Bulgaria ($502M).

In 2021, countries that imported more from Thailand than Georgia were United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Georgia - Thailand

Flow
Scale

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

During 2022, Georgia had a large net trade with Thailand in the exports of Textiles ($656k), Chemical Products ($611k), and Machines ($197k).

During 2022, Thailand had a large net trade with Georgia in the exports of Machines ($10.8M), Transportation ($6.11M), and Plastics and Rubbers ($3.95M).

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 Thailand. Similarly, the more yellow a dot/product is, the more Thailand has comparative advantage over Georgia.

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

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