2022
Flag  
GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 186
2022
Flag
 GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC 
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC
$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
Rnk 36 / 186

About

Vietnam-Georgia Trade: In 2022, Vietnam exported $33.9M to Georgia. The main products that Vietnam exported to Georgia were Broadcasting Equipment ($15.8M), Calculators ($2.6M), and Coffee ($1.96M). Over the past 5 years the exports of Vietnam to Georgia have increased at an annualized rate of 18.8%, from $14.3M in 2017 to $33.9M in 2022.

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

Georgia-Vietnam Trade: In 2022, Georgia exported $1.25M to Vietnam. The main products that Georgia exported to Vietnam were Beauty Products ($792k), Animal Organs ($322k), and Cars ($42.2k). Over the past 5 years the exports of Georgia to Vietnam have decreased at an annualized rate of 25.9%,  from $5.58M in 2017 to $1.25M in 2022.

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

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). That same year, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Latest Data

Trade between Vietnam (Flag) and Georgia (Flag)

Georgia Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Georgia
Top Destination
China$759M

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

In 2022, countries that imported more from Vietnam than Georgia included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Georgia+$6.54kTelephones
Top Product Potential Georgia Vietnam+$4.18kRefined Petroleum

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

Product Space of Vietnam (Flag) and Georgia (Flag) (NaN)

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