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Georgia Trade Summary

2020

Georgia exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR GEORGIA 2020

Overall Exports and Imports for Georgia 2020

Exports and imports of Georgia in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,344 million.
  • The total value of imports (CIF) was 8,054 million.
  • At the HS6 digit level, 2,440 products were exported to 127 countries and 3,853 products were imported from 121 countries.

Georgia top 5 Export and Import partners 2020

Top five countries to which Georgia exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Georgia exports to China worth US$ 477 million, with a partner share of 14.27 percent.
  2. Georgia exports to Azerbaijan worth US$ 441 million, with a partner share of 13.19 percent.
  3. Georgia exports to Russian Federation worth US$ 441 million, with a partner share of 13.19 percent.
  4. Georgia exports to Bulgaria worth US$ 313 million, with a partner share of 9.35 percent.
  5. Georgia exports to Ukraine worth US$ 218 million, with a partner share of 6.50 percent.

Top five countries from which Georgia imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Georgia imports from Turkey worth US$ 1,408 million, with a partner share of 17.48 percent.
  2. Georgia imports from Russian Federation worth US$ 888 million, with a partner share of 11.03 percent.
  3. Georgia imports from China worth US$ 709 million, with a partner share of 8.80 percent.
  4. Georgia imports from United States worth US$ 556 million, with a partner share of 6.91 percent.
  5. Georgia imports from Azerbaijan worth US$ 513 million, with a partner share of 6.37 percent.

Georgia Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Georgia along with trade value are:

  1. Georgia exported Copper ores and concentrates , worth US$ 780,853.80 million.
  2. Georgia exported Ferro-silico-manganese , worth US$ 247,202.28 million.
  3. Georgia exported Wine (not sparkling); grape must with by alcoho , worth US$ 205,754.48 million.
  4. Georgia exported Automobiles with reciprocating piston engine di , worth US$ 190,719.01 million.
  5. Georgia exported Mineral waters and aerated waters, unsweetened , worth US$ 115,465.02 million.

The top five imported HS 6 digit level products from world by Georgia along with trade value are

  1. Georgia imported Copper ores and concentrates , worth US$ 582,382.08 million.
  2. Georgia imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 498,654.65 million.
  3. Georgia imported Automobiles with reciprocating piston engine di , worth US$ 336,461.65 million.
  4. Georgia imported Natural gas in gaseous state , worth US$ 302,404.38 million.
  5. Georgia imported Other medicaments of mixed or unmixed products, , worth US$ 288,685.68 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Georgia in 2020 are below

  • The maximum rate of tariff in percentage on any product was 147.18 percent.
  • The simple average tariff across all products was 0.27 percent.
  • The trade weighted average tariff was 0.21 .
  • The total duty free imports in thousands of US dollars were 7,191,228.75 and duty free tariff line items share was 96.12 percent.

Development Indicators 2020

Key Development Indicators of Georgia in 2020 are below

  • Georgia GDP in current US dollar was 15,843 million.
  • GNI per capita, Atlas method (current US$) was 4,260.00 .
  • Georgia Trade balance: as % of GDP was -19.29.
  • Trade balance in current US$ was -3,057.00 million.
  • Trade as percentage of GDP was 93.88 .
  • Trade in services as percentage of GDP was 19.16 .

Trade Indicators 2020

Trade Indicators for Georgia in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 3.18.
  • World Growth in percentage was -3.75 and Georgia Country Growth was 4.31 .