Georgia-Netherlands Bilateral Trade Analysis 2023
Complete trade statistics: $347.11M total volume •Georgia deficit: $221.24M
Georgia → Netherlands
$62.93M
Exports (2023)
Netherlands → Georgia
$284.18M
Imports (2023)
Trade Balance
$221.24M
Deficit for Georgia
Total Trade
$347.11M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Georgia and Netherlands. Green line shows exports from Georgia, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Georgia-Netherlands commercial relationship and competitive positioning in global markets.
Georgia → Netherlands Exports
Export Market Intelligence
🎯 Strategic Export Focus
Georgia's export portfolio to Netherlands demonstrates strategic specialization, with alcohols: saturated monohydric, methanol (methyl alcohol) representing a key competitive advantage in this bilateral market.
Netherlands → Georgia Imports
Import Dependency Profile
📦 Import Strategy Analysis
Georgia's import pattern from Netherlands reveals significant dependencyin floating structures: tanks, coffer-dams, landing stages, buoys and beacons, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Georgia demonstrates competitive strength in exportingalcohols: saturated monohydric, methanol (methyl alcohol) to Netherlands, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $347.11M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Georgia-Netherlands Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $347.11 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Georgia maintains a deficit of $221.24 million
- Export Focus: Georgia's primary exports include alcohols: saturated monohydric, methanol (methyl alcohol), oils and other products of the distillation of high temperature coal tar: n.e.c. in heading no. 2707, aromatic hydrocarbon mixtures: n.e.c. in heading no. 2707, of which 65% or more by volume (including losses) distils at 250 degrees celsius by the iso 3405 method (equivalent to the astm d 86 method)
- Import Dependencies: Key imports from Netherlands include floating structures: tanks, coffer-dams, landing stages, buoys and beacons, vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $347.11M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Georgia leveraging its comparative advantages in alcohols: saturated monohydric, methanol (methyl alcohol).
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Georgia's specialization in alcohols: saturated monohydric, methanol (methyl alcohol)complements Netherlands's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in floating structures: tanks, coffer-dams, landing stages, buoys and beacons.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $347.11M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $347.11M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $347.11 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in alcohols: saturated monohydric, methanol (methyl alcohol) and floating structures: tanks, coffer-dams, landing stages, buoys and beacons demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Georgia's trade deficit of $221.24 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Georgia and Netherlands represents a total trade volume of $347.11 million in 2023. This partnership demonstrates an unfavorable trade balance for Georgia, with imports exceeding exportsby $221.24 million.
Export Strengths
Georgia's exports to Netherlands total $62.93 million, with competitive advantages in alcohols: saturated monohydric, methanol (methyl alcohol), representing $16.69M or26.5% of bilateral exports.
Import Dependencies
Imports from Netherlands amount to $284.18 million, highlighting economic interdependence in floating structures: tanks, coffer-dams, landing stages, buoys and beacons, with Floating structures: tanks, coffer-dams, landing stages, buoys and beacons comprising4.3% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Georgia's strategic sourcing from Netherlands. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Georgia and Netherlands in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023