Georgia-Peru Bilateral Trade Analysis 2023
Complete trade statistics: $67.59M total volume •Georgia surplus: $67.59M
Georgia → Peru
$67.59M
Exports (2023)
Peru → Georgia
$0
Imports (2023)
Trade Balance
$67.59M
Surplus for Georgia
Total Trade
$67.59M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Georgia and Peru. 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-Peru commercial relationship and competitive positioning in global markets.
Georgia → Peru Exports
Export Market Intelligence
🎯 Strategic Export Focus
Georgia's export portfolio to Peru demonstrates strategic specialization, with fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution representing a key competitive advantage in this bilateral market.
Peru → Georgia Imports
Import Dependency Profile
📦 Import Strategy Analysis
Georgia's import pattern from Peru reveals significant dependencyin fish: frozen, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, meat of 0304, and edible fish offal of 0303.91 to 0303.99, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Georgia demonstrates competitive strength in exportingfertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution to Peru, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $67.59M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Georgia-Peru Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $67.59 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Georgia maintains a surplus of $67.59 million
- Export Focus: Georgia's primary exports include fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution, fats and oils and their fractions: of fish, (excluding liver-oils), machinery: used in the industrial preparation or manufacture of food or drink, n.e.c. in heading no. 8438
- Import Dependencies: Key imports from Peru include fish: frozen, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, meat of 0304, and edible fish offal of 0303.91 to 0303.99, nuts, edible: brazil nuts, fresh or dried, shelled, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
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 $67.59M 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 fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution.
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 fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solutioncomplements Peru's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in fish: frozen, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, meat of 0304, and edible fish offal of 0303.91 to 0303.99.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $67.59M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $67.59M 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 $67.59 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution and fish: frozen, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, meat of 0304, and edible fish offal of 0303.91 to 0303.99 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Georgia's trade surplus of $67.59 million strengthens 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 Peru represents a total trade volume of $67.59 million in 2023. This partnership demonstrates a favorable trade balance for Georgia, with exports exceeding importsby $67.59 million.
Export Strengths
Georgia's exports to Peru total $67.59 million, with competitive advantages in fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution, representing $61.73M or91.3% of bilateral exports.
Import Dependencies
Imports from Peru amount to $0.00, highlighting economic interdependence in fish: frozen, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, meat of 0304, and edible fish offal of 0303.91 to 0303.99, with Fish: frozen, trout (Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and Oncorhynchus chrysogaster), excluding fillets, meat of 0304, and edible fish offal of 0303.91 to 0303.99 comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Georgia's competitive position in this bilateral relationship. 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 Peru in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023