2022
Flag  
GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
 GDP
$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH
90.9%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC 
$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
Rnk 36 / 186
2022
Flag
GDP PC
$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH
39.5%CURRENT US$
Rnk 49 / 186

About

Georgia-Tanzania Trade: In 2022, Georgia exported $6.79M to Tanzania. The main products that Georgia exported to Tanzania were Nitrogenous Fertilizers ($5.26M), Cyanides ($1.01M), and Semiconductor Devices ($376k). Over the past 5 years the exports of Georgia to Tanzania have increased at an annualized rate of 46.3%, from $1.01M in 2017 to $6.79M in 2022.

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

Tanzania-Georgia Trade: In 2022, Tanzania exported $859k to Georgia. The main products that Tanzania exported to Georgia were Raw Tobacco ($438k), Ferroalloys ($273k), and Coconuts, Brazil Nuts, and Cashews ($99.5k). Over the past 5 years the exports of Tanzania to Georgia have increased at an annualized rate of 17%,  from $244k in 2017 to $859k in 2022.

In 2022, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Georgia exported $6.79M to Tanzania. The main products exported from Georgia to Tanzania were Nitrogenous Fertilizers ($5.26M), Cyanides ($1.01M), and Semiconductor Devices ($376k). During the last 5 years the exports of Georgia to Tanzania have increased at an annualized rate of 46.3%, from $1.01M in 2017 to $6.79M in 2022.

In 2017, Tanzania exported $859k to Georgia. The main products exported from Tanzania to Georgia were Raw Tobacco ($438k), Ferroalloys ($273k), and Coconuts, Brazil Nuts, and Cashews ($99.5k). During the last 5 years the exports of Tanzania to Georgia have increased at an annualized rate of 17%, from $244k in 2022 to $859k in 2017.

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

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

Latest Data

Trade between Georgia (Flag) and Tanzania (Flag)

Georgia Exports

Tanzania Exports

Market Competitiveness

Color
Georgia
Top Destination
China$759M
Tanzania
Top Destination
India$2.73B

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

In 2022, countries that imported more from Georgia than Tanzania included Azerbaijan ($668M), Russia ($642M), and Armenia ($571M).

In 2022, countries that imported more from Tanzania than Georgia included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

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

Comparative Advantage Georgia - Tanzania

Flow
Scale

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

During 2022, Georgia had a large net trade with Tanzania in the exports of Chemical Products ($6.32M), Machines ($402k), and Plastics and Rubbers ($58.4k).

During 2017, Tanzania had a large net trade with Georgia in the exports of Foodstuffs ($438k), Metals ($273k), and Vegetable Products ($99.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Georgia Tanzania+$860kNitrogenous Fertilizers
Top Product Potential Tanzania Georgia+$308kRaw Tobacco

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

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

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