2023
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GDP
$4.2TCURRENT US$
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2013-2023
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GDP GROWTH
-19.3%CURRENT US$
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2023
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 GDP
$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
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GDP GROWTH
75.7%CURRENT US$
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2023
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GDP PC 
$33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH
-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC
$8,284CURRENT US$
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2013-2023
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GDP PC GROWTH
75.8%CURRENT US$
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About

Japan-Georgia Trade: In 2023, Japan exported $604M to Georgia. The main products that Japan exported to Georgia were Cars ($572M), Rubber Tires ($9.53M), and Delivery Trucks ($3.92M). Over the past 5 years the exports of Japan to Georgia have increased at an annualized rate of 19.9%, from $244M in 2018 to $604M in 2023.

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

Georgia-Japan Trade: In 2023, Georgia exported $16.8M to Japan. The main products that Georgia exported to Japan were Raw Aluminium ($2.79M), Scrap Copper ($2.59M), and Non-Knit Women's Coats ($2.38M). Over the past 5 years the exports of Georgia to Japan have decreased at an annualized rate of 2.5%,  from $19.6M in 2018 to $16.8M in 2023.

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

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $604M to Georgia. The main products exported from Japan to Georgia were Cars ($572M), Rubber Tires ($9.53M), and Delivery Trucks ($3.92M). During the last 5 years the exports of Japan to Georgia have increased at an annualized rate of 19.9%, from $244M in 2018 to $604M in 2023.

In 2018, Georgia exported $16.8M to Japan. The main products exported from Georgia to Japan were Raw Aluminium ($2.79M), Scrap Copper ($2.59M), and Non-Knit Women's Coats ($2.38M). During the last 5 years the exports of Georgia to Japan have decreased at an annualized rate of 2.5%, from $19.6M in 2023 to $16.8M in 2018.

Exports from Japan (Flag) to Georgia (Flag) (2023)

Exports from Georgia (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top Destination
United States$143B
Georgia
Top Destination
Azerbaijan$828M

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

In 2023, countries that imported more from Japan than Georgia included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Difference in imports from Georgia (Flag) and Japan (Flag) (2023)

Comparative Advantage Japan - Georgia

Flow
Scale

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

During 2023, Japan had a large net trade with Georgia in the exports of Transportation ($580M), Plastics and Rubbers ($12.3M), and Chemical Products ($5.38M).

During 2018, Georgia had a large net trade with Japan in the exports of Metals ($5.41M), Textiles ($3.16M), and Chemical Products ($2.73M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Georgia+$17.9MCars
Top Product Potential Georgia Japan+$2.99MRaw Aluminium

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

Product Space of Japan (Flag) and Georgia (Flag) (2023)

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