Netherlands (NLD) and Georgia (GEO) Trade | The Observatory of Economic Complexity

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Netherlands-Georgia Trade: In 2022, Netherlands exported $156M 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 64.9%, from $12.8M in 2017 to $156M in 2022.

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

Georgia-Netherlands Trade: In 2022, Georgia exported $66.7M 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 102%, from $1.97M in 2017 to $66.7M 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

October, 2022

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Overview In October 2022, Netherlands exported €8M and imported €11M from Georgia, resulting in a negative trade balance of €3M. Between October 2021 and October 2022 the exports of Netherlands have increased by €1M (14.3%) from €7M to €8M, while imports increased by €10M (1k%) from €1M to €11M.

Trade In October 2022, the top exports of Netherlands to Georgia were Road motor vehicles, n.e.s. (€1M). In October 2022 the top imports of Netherlands from Georgia were .

Growth In October 2022, the increase in Netherlands's year-by-year exports to Georgia was explained primarily by an increase in product exports in . In October 2022, the increase in Netherlands's year-by-year imports from Georgia was explained primarily by an increase in product imports in .

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2021 - October 2022)€1M(14.3%)

IMPORT GROWTH (October 2021 - October 2022)€10M(1k%)

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.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Netherlands exported $156M 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 64.9%, from $12.8M in 2017 to $156M in 2022.

In 2017, Georgia exported $66.7M 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 22 years the exports of Georgia to Netherlands have increased at an annualized rate of 102%, from $1.97M in 1995 to $66.7M in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

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 () and Netherlands () (2022)

Comparative Advantage Netherlands - Georgia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

Economic Complexity

Competitive Landscape

Year

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.

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Netherlands - Georgia

Economic Complexity

Competitive Landscape

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

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