Iran-Georgia Bilateral Trade Analysis 2023
Complete trade statistics: $240.94M total volume •Iran surplus: $240.94M
Iran → Georgia
$240.94M
Exports (2023)
Georgia → Iran
$0
Imports (2023)
Trade Balance
$240.94M
Surplus for Iran
Total Trade
$240.94M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Iran and Georgia. Green line shows exports from Iran, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Iran-Georgia commercial relationship and competitive positioning in global markets.
Iran → Georgia Exports
Export Market Intelligence
🎯 Strategic Export Focus
Iran's export portfolio to Georgia demonstrates strategic specialization, with iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling representing a key competitive advantage in this bilateral market.
Georgia → Iran Imports
Import Dependency Profile
📦 Import Strategy Analysis
Iran's import pattern from Georgia reveals significant dependencyin wood: beech (fagus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, thicker than 6mm, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Iran demonstrates competitive strength in exportingiron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling to Georgia, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $240.94M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Iran-Georgia Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $240.94 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Iran maintains a surplus of $240.94 million
- Export Focus: Iran's primary exports include iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling, ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight over 0.5% but not over 10%, ethylene polymers: in primary forms, polyethylene having a specific gravity of 0.94 or more
- Import Dependencies: Key imports from Georgia include wood: beech (fagus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, thicker than 6mm, odoriferous substances and mixtures: used as raw materials in industries other than the food or drink industries, cigarettes: containing tobacco
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 $240.94M 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 Iran leveraging its comparative advantages in iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling.
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
Iran's specialization in iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rollingcomplements Georgia's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in wood: beech (fagus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, thicker than 6mm.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $240.94M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $240.94M 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 $240.94 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling and wood: beech (fagus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, thicker than 6mm demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Iran's trade surplus of $240.94 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 Iran and Georgia represents a total trade volume of $240.94 million in 2023. This partnership demonstrates a favorable trade balance for Iran, with exports exceeding importsby $240.94 million.
Export Strengths
Iran's exports to Georgia total $240.94 million, with competitive advantages in iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling, representing $30.75M or12.8% of bilateral exports.
Import Dependencies
Imports from Georgia amount to $0.00, highlighting economic interdependence in wood: beech (fagus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, thicker than 6mm, with Wood: beech (Fagus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, thicker than 6mm comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Iran'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 Iran and Georgia in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023