2023
Flag  
GDP
$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH
75.7%CURRENT US$
Rnk 33 / 195
2023
Flag
GDP PC 
$8,284CURRENT US$
Rnk 94 / 195
2013-2023
Flag
GDP PC GROWTH
75.8%CURRENT US$
Rnk 19 / 195

About

Georgia-Chinese Taipei Trade: In 2023, Georgia exported $13M to Chinese Taipei. The main products that Georgia exported to Chinese Taipei were Halides ($4.44M), Other Steel Bars ($2.78M), and Rubber Tires ($2.03M). Over the past 5 years the exports of Georgia to Chinese Taipei have increased at an annualized rate of 2.11%, from $11.7M in 2018 to $13M in 2023.

In 2023, Georgia did not export any services to Chinese Taipei.

Chinese Taipei-Georgia Trade: In 2023, Chinese Taipei exported $20.1M to Georgia. The main products that Chinese Taipei exported to Georgia were Motor vehicles; parts and accessories (8701 to 8705) ($3.92M), Wheelchairs ($1.63M), and Electrical Lighting and Signalling Equipment ($1.08M). Over the past 5 years the exports of Chinese Taipei to Georgia have increased at an annualized rate of 6.84%,  from $12.6M in 2018 to $20.1M in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Georgia exported $13M to Chinese Taipei. The main products exported from Georgia to Chinese Taipei were Halides ($4.44M), Other Steel Bars ($2.78M), and Rubber Tires ($2.03M). During the last 5 years the exports of Georgia to Chinese Taipei have increased at an annualized rate of 2.11%, from $11.7M in 2018 to $13M in 2023.

In 2018, Chinese Taipei exported $20.1M to Georgia. The main products exported from Chinese Taipei to Georgia were Motor vehicles; parts and accessories (8701 to 8705) ($3.92M), Wheelchairs ($1.63M), and Electrical Lighting and Signalling Equipment ($1.08M). During the last 5 years the exports of Chinese Taipei to Georgia have increased at an annualized rate of 6.84%, from $12.6M in 2023 to $20.1M in 2018.

Exports from Georgia (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Georgia (Flag) (2023)

Market Competitiveness

Color
Georgia
Top Destination
Azerbaijan$828M
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Georgia than Chinese Taipei included Azerbaijan ($828M), Armenia ($712M), and Kyrgyzstan ($519M).

In 2023, countries that imported more from Chinese Taipei than Georgia included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Georgia (Flag) (2023)

Comparative Advantage Georgia - Chinese Taipei

Flow
Scale

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

During 2023, Georgia had a large net trade with Chinese Taipei in the exports of Chemical Products ($6.35M), Metals ($2.85M), and Plastics and Rubbers ($2.04M).

During 2018, Chinese Taipei had a large net trade with Georgia in the exports of Transportation ($5.91M), Machines ($5.46M), and Plastics and Rubbers ($2.66M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Georgia and Chinese Taipei. This means that a dot/product with the flag of Georgia indicates it has a comparative advantage over Chinese Taipei. Similarly, a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Georgia.

Product Space of Georgia (Flag) and Chinese Taipei (Flag) (2023)

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