2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
Rnk 36 / 186

About

India-Georgia Trade: In 2022, India exported $235M to Georgia. The main products that India exported to Georgia were Frozen Bovine Meat ($60.5M), Packaged Medicaments ($35M), and Raw Tobacco ($20.8M). Over the past 5 years the exports of India to Georgia have increased at an annualized rate of 27.5%, from $69.7M in 2017 to $235M in 2022.

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

Georgia-India Trade: In 2022, Georgia exported $318M to India. The main products that Georgia exported to India were Nitrogenous Fertilizers ($257M), Asbestos ($25.8M), and Halogens ($10.5M). Over the past 5 years the exports of Georgia to India have increased at an annualized rate of 60.4%,  from $18.6M in 2017 to $318M in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $235M to Georgia. The main products exported from India to Georgia were Frozen Bovine Meat ($60.5M), Packaged Medicaments ($35M), and Raw Tobacco ($20.8M). During the last 5 years the exports of India to Georgia have increased at an annualized rate of 27.5%, from $69.7M in 2017 to $235M in 2022.

In 2017, Georgia exported $318M to India. The main products exported from Georgia to India were Nitrogenous Fertilizers ($257M), Asbestos ($25.8M), and Halogens ($10.5M). During the last 5 years the exports of Georgia to India have increased at an annualized rate of 60.4%, from $18.6M in 2022 to $318M in 2017.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Georgia
Top Destination
China$759M

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

In 2022, countries that imported more from India than Georgia included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Georgia than India included Azerbaijan ($668M), Armenia ($571M), and Bulgaria ($502M).

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

Comparative Advantage India - Georgia

Flow
Scale

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

During 2022, India had a large net trade with Georgia in the exports of Chemical Products ($66M), Animal Products ($62.6M), and Machines ($30.3M).

During 2017, Georgia had a large net trade with India in the exports of Chemical Products ($277M), Mineral Products ($26M), and Metals ($8.97M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Georgia+$22.4MPackaged Medicaments
Top Product Potential Georgia India+$3.42MNitrogenous Fertilizers

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with