Ireland (IRL) and Georgia (GEO) Trade | The Observatory of Economic Complexity

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Ireland-Georgia Trade: In 2023, Ireland exported $18.6M to Georgia. The main products that Ireland exported to Georgia were Scented Mixtures ($8.06M), Computers ($1.44M), and Hard Liquor ($1.31M). Over the past 5 years the exports of Ireland to Georgia have increased at an annualized rate of 7.04%, from $13.3M in 2018 to $18.6M in 2023.

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

Georgia-Ireland Trade: In 2023, Georgia exported $11.4M to Ireland. The main products that Georgia exported to Ireland were Other Plastic Products ($4.54M), Valves ($1.57M), and Knit T-shirts ($1.55M). Over the past 5 years the exports of Georgia to Ireland have increased at an annualized rate of 47.2%, from $1.65M in 2018 to $11.4M in 2023.

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

Comparison: In 2023, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Latest Trends

N/A

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Overview In N/A, Ireland exported €N/A and imported €N/A from Georgia, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Ireland have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Ireland to Georgia were . In N/A the top imports of Ireland from Georgia were .

Growth In N/A, the N/A in Ireland's year-by-year exports to Georgia was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland's year-by-year imports from Georgia was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

This section shows exports and imports data at subnational level for Ireland. Click any date in the line plot or any product to explore the exports or imports behavior of Ireland over time.

To check Georgia and Ireland trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ireland exported $18.6M to Georgia. The main products exported from Ireland to Georgia were Scented Mixtures ($8.06M), Computers ($1.44M), and Hard Liquor ($1.31M). During the last 5 years the exports of Ireland to Georgia have increased at an annualized rate of 7.04%, from $13.3M in 2018 to $18.6M in 2023.

In 2018, Georgia exported $11.4M to Ireland. The main products exported from Georgia to Ireland were Other Plastic Products ($4.54M), Valves ($1.57M), and Knit T-shirts ($1.55M). During the last 5 years the exports of Georgia to Ireland have increased at an annualized rate of 47.2%, from $1.65M in 2023 to $11.4M in 2018.

Exports from Ireland () to Georgia () (2023)

Exports from Georgia () to Ireland () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ireland
Top DestinationUnited States$67.4B

Georgia
Top DestinationAzerbaijan$828M

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

In 2023, countries that imported more from Ireland than Georgia included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

Difference in imports from Georgia () and Ireland () (2023)

Comparative Advantage Ireland - Georgia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ireland had a large net trade with Georgia in the exports of Chemical Products ($10.7M), Machines ($3.04M), and Foodstuffs ($2.05M).

During 2018, Georgia had a large net trade with Ireland in the exports of Plastics and Rubbers ($5.77M), Textiles ($2.44M), and Machines ($1.62M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ireland Georgia+$3.1MVaccines, blood, antisera, toxins and cultures

Top Product Potential Georgia Ireland+$992kKnit T-shirts

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

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Ireland () to Georgia () (2023)

Exports from Georgia () to Ireland () (2023)

Market Competitiveness

Difference in imports from Georgia () and Ireland () (2023)

Comparative Advantage Ireland - Georgia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ireland () and Georgia () (2023)

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