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2022
Flag → Flag
Exports $208MRnk 95 / 224
2022
Flag → Flag
Top Product $11.5MMedical Instruments
2022
Flag → Flag
Exports $85.1MRnk 17 / 154
2022
Flag → Flag
Top Product $25.4MCoal Tar Oil
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.036Rnk 64 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH49.9%CURRENT US$
Rnk 36 / 186

About

Netherlands-Georgia Trade: In 2022, Netherlands exported $208M to Georgia. The main products that Netherlands exported to Georgia were Medical Instruments ($11.5M), Broadcasting Equipment ($10.3M), and Delivery Trucks ($10.2M). Over the past 5 years the exports of Netherlands to Georgia have increased at an annualized rate of 5.96%, from $156M in 2017 to $208M in 2022.

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

Georgia-Netherlands Trade: In 2022, Georgia exported $85.1M to Netherlands. The main products that Georgia exported to Netherlands were Coal Tar Oil ($25.4M), Acyclic Alcohols ($24M), and Refined Copper ($8.14M). Over the past 5 years the exports of Georgia to Netherlands have increased at an annualized rate of 4.98%,  from $66.7M in 2017 to $85.1M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Latest Trends

August, 2024

About

Overview In August 2024, Netherlands exported €7M and imported €13M from Georgia, resulting in a negative trade balance of €6M. Between August 2023 and August 2024 the exports of Netherlands have decreased by €-5M (-41.7%) from €12M to €7M, while imports increased by €11M (550%) from €2M to €13M.

Trade In August 2024, the top exports of Netherlands to Georgia were Fruit and nuts (not including oil... (€1M), Motor cars and other motor vehicles... (€1M), Motor vehicles for the transport of... (€1M), Instruments and appliances, n.e.s., for medical,... (€1M), and Miscellaneous manufactured articles, n.e.s. (€1M). In August 2024 the top imports of Netherlands from Georgia were .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-5M(-41.7%)
IMPORT GROWTH (August 2023 - August 2024)€11M(550%)

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

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

For full datasets download visit Bulk Download page.

Explore Georgia and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $208M to Georgia. The main products exported from Netherlands to Georgia were Medical Instruments ($11.5M), Broadcasting Equipment ($10.3M), and Delivery Trucks ($10.2M). During the last 5 years the exports of Netherlands to Georgia have increased at an annualized rate of 5.96%, from $156M in 2017 to $208M in 2022.

In 2017, Georgia exported $85.1M to Netherlands. The main products exported from Georgia to Netherlands were Coal Tar Oil ($25.4M), Acyclic Alcohols ($24M), and Refined Copper ($8.14M). During the last 5 years the exports of Georgia to Netherlands have increased at an annualized rate of 4.98%, from $66.7M in 2022 to $85.1M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Georgia
Top DestinationChina$759M

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

In 2022, countries that imported more from Netherlands than Georgia included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Georgia than Netherlands included Azerbaijan ($668M), Armenia ($571M), and Kyrgyzstan ($92.5M).

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

Comparative Advantage Netherlands - Georgia

Flow
Scale

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

During 2022, Netherlands had a large net trade with Georgia in the exports of Machines ($48.2M), Transportation ($28.1M), and Instruments ($22.5M).

During 2017, Georgia had a large net trade with Netherlands in the exports of Chemical Products ($33.3M), Mineral Products ($25.4M), and Metals ($11.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Georgia+$19.8MRefined Petroleum
Top Product Potential Georgia Netherlands+$1.76MFerroalloys

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

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

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