2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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 GDP
$24.6BCURRENT US$
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2012-2022
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GDP GROWTH
49.2%CURRENT US$
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2022
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GDP PC 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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2022
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GDP PC
$6,628CURRENT US$
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2012-2022
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GDP PC GROWTH
49.9%CURRENT US$
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About

Romania-Georgia In 2022, Romania exported $306M to Georgia. The main products that Romania exported to Georgia are Refined Petroleum ($256M), Processed Tobacco ($10.1M), and Rubber Tires ($6.86M). During the last 27 years the exports of Romania to Georgia have increased at an annualized rate of 6.95%, from $49.8M in 1995 to $306M in 2022.

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

Georgia-Romania In 2022, Georgia exported $267M to Romania. The main products that Georgia exported to Romania were Nitrogenous Fertilizers ($159M), Hot-Rolled Iron ($25.6M), and Acyclic Alcohols ($25.2M). During the last 27 years the exports of Georgia to Romania have increased at an annualized rate of 40.4%, from $27.8k in 1995 to $267M in 2022.

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

Comparison In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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
Value

In 2022, Romania exported $306M to Georgia. The main products exported from Romania to Georgia were Refined Petroleum ($256M), Processed Tobacco ($10.1M), and Rubber Tires ($6.86M). During the last 27 years the exports of Romania to Georgia have increased at an annualized rate of 6.95%, from $49.8M in 1995 to $306M in 2022.

In 2022, Georgia exported $267M to Romania. The main products exported from Georgia to Romania were Nitrogenous Fertilizers ($159M), Hot-Rolled Iron ($25.6M), and Acyclic Alcohols ($25.2M). During the last 27 years the exports of Georgia to Romania have increased at an annualized rate of 40.4%, from $27.8k in 1995 to $267M in 2022.

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

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

Latest Data

Trade between Romania (Flag) and Georgia (Flag)

Romania Exports

Georgia Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Georgia
Top Destination
China$759M

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

In 2021, countries that imported more from Romania than Georgia were Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2021, countries that imported more from Georgia than Romania were Azerbaijan ($668M), Armenia ($571M), and Russia ($642M).

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

Comparative Advantage Romania - Georgia

Flow
Scale

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

During 2022, Romania had a large net trade with Georgia in the exports of Mineral Products ($256M), Foodstuffs ($14.2M), and Metals ($8.54M).

During 2022, Georgia had a large net trade with Romania in the exports of Chemical Products ($188M), Mineral Products ($40M), and Metals ($30.2M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Romania has comparative advantage over Georgia. Similarly, the more yellow a dot/product is, the more Georgia has comparative advantage over Romania.

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

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