2022
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GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$24.6BCURRENT US$
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2012-2022
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GDP GROWTH
49.2%CURRENT US$
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2022
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GDP PC 
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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2022
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GDP PC
$6,628CURRENT US$
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2012-2022
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GDP PC GROWTH
49.9%CURRENT US$
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About

Japan-Georgia Trade: In 2022, Japan exported $292M to Georgia. The main products that Japan exported to Georgia were Cars ($266M), Rubber Tires ($5.81M), and Used Rubber Tires ($2.83M). Over the past 5 years the exports of Japan to Georgia have increased at an annualized rate of 12.4%, from $163M in 2017 to $292M in 2022.

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

Georgia-Japan Trade: In 2022, Georgia exported $17.5M to Japan. The main products that Georgia exported to Japan were Raw Aluminium ($6.04M), Precious Metal Scraps ($2.88M), and Non-Iron and Steel Slag, Ash and Residues ($2.65M). Over the past 5 years the exports of Georgia to Japan have increased at an annualized rate of 5.25%,  from $13.5M in 2017 to $17.5M in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). 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, Japan exported $292M to Georgia. The main products exported from Japan to Georgia were Cars ($266M), Rubber Tires ($5.81M), and Used Rubber Tires ($2.83M). During the last 5 years the exports of Japan to Georgia have increased at an annualized rate of 12.4%, from $163M in 2017 to $292M in 2022.

In 2017, Georgia exported $17.5M to Japan. The main products exported from Georgia to Japan were Raw Aluminium ($6.04M), Precious Metal Scraps ($2.88M), and Non-Iron and Steel Slag, Ash and Residues ($2.65M). During the last 5 years the exports of Georgia to Japan have increased at an annualized rate of 5.25%, from $13.5M in 2022 to $17.5M in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Georgia
Top Destination
China$759M

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 2022, countries that imported more from Japan than Georgia included United States ($137B), China ($135B), and South Korea ($50.8B).

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

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

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 2022, Japan had a large net trade with Georgia in the exports of Transportation ($272M), Plastics and Rubbers ($8.71M), and Machines ($4.09M).

During 2017, Georgia had a large net trade with Japan in the exports of Metals ($6.69M), Precious Metals ($2.96M), and Mineral Products ($2.65M).

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) (2022)

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