Uzbekistan (UZB) and Georgia (GEO) Trade | The Observatory of Economic Complexity

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Uzbekistan-Georgia Trade: In 2022, Uzbekistan exported $47.6M to Georgia. The main products that Uzbekistan exported to Georgia were Copper Wire ($13.1M), Rolled Tobacco ($7.75M), and Dried Legumes ($5.53M). Over the past 5 years the exports of Uzbekistan to Georgia have decreased at an annualized rate of 5.29%, from $62.5M in 2017 to $47.6M in 2022.

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

Georgia-Uzbekistan Trade: In 2022, Georgia exported $120M to Uzbekistan. The main products that Georgia exported to Uzbekistan were Packaged Medicaments ($58.2M), Rolled Tobacco ($10.9M), and Orthopedic Appliances ($9.58M). Over the past 5 years the exports of Georgia to Uzbekistan have increased at an annualized rate of 15.7%, from $57.7M in 2017 to $120M in 2022.

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

Comparison: In 2022, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Uzbekistan exported $47.6M to Georgia. The main products exported from Uzbekistan to Georgia were Copper Wire ($13.1M), Rolled Tobacco ($7.75M), and Dried Legumes ($5.53M). During the last 5 years the exports of Uzbekistan to Georgia have decreased at an annualized rate of 5.29%, from $62.5M in 2017 to $47.6M in 2022.

In 2017, Georgia exported $120M to Uzbekistan. The main products exported from Georgia to Uzbekistan were Packaged Medicaments ($58.2M), Rolled Tobacco ($10.9M), and Orthopedic Appliances ($9.58M). During the last 5 years the exports of Georgia to Uzbekistan have increased at an annualized rate of 15.7%, from $57.7M in 2022 to $120M in 2017.

Exports from Uzbekistan () to Georgia () (2022)

Exports from Georgia () to Uzbekistan () (2022)

Latest Data

Trade between Uzbekistan () and Georgia ()

Uzbekistan Exports

Date

Georgia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$4.29B

Georgia
Top DestinationChina$759M

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

In 2022, countries that imported more from Uzbekistan than Georgia included Switzerland ($4.29B), Russia ($2.6B), and China ($1.98B).

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

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

Comparative Advantage Uzbekistan - Georgia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uzbekistan had a large net trade with Georgia in the exports of Metals ($16.3M), Foodstuffs ($9.28M), and Vegetable Products ($8.51M).

During 2017, Georgia had a large net trade with Uzbekistan in the exports of Chemical Products ($65.4M), Foodstuffs ($21.6M), and Instruments ($12.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Georgia+$3.5kPetroleum Gas

Top Product Potential Georgia Uzbekistan+$3.09kCopper Ore

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

About

Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Georgia () (2022)

Exports from Georgia () to Uzbekistan () (2022)

Latest Data

Trade between Uzbekistan () and Georgia ()

Uzbekistan Exports

Georgia Exports

Market Competitiveness

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

Comparative Advantage Uzbekistan - Georgia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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