Netherlands-Georgia Bilateral Trade Analysis 2023

Complete trade statistics: $347.11M total volume •Netherlands surplus: $221.24M

NetherlandsGeorgia

$284.18M

Exports (2023)

GeorgiaNetherlands

$62.93M

Imports (2023)

Trade Balance

$221.24M

Surplus for Netherlands

Total Trade

$347.11M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Netherlands and Georgia. Green line shows exports from Netherlands, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Netherlands-Georgia commercial relationship and competitive positioning in global markets.

NetherlandsGeorgia Exports

$284.18M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
4.3% top product
1Floating structures: tanks, coffer-dams, landing stages, buoys and beacons
$12.17M
4.3% of exports
2Vehicles: 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
$10.23M
3.6% of exports
3Communication 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
$9.71M
3.4% of exports
4Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen
$8.66M
3.0% of exports
5Tractors: road, for semi-trailers
$8.45M
3.0% of exports

🎯 Strategic Export Focus

Netherlands's export portfolio to Georgia demonstrates strategic specialization, with floating structures: tanks, coffer-dams, landing stages, buoys and beacons representing a key competitive advantage in this bilateral market.

GeorgiaNetherlands Imports

$62.93M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
26.5% concentration
1Alcohols: saturated monohydric, methanol (methyl alcohol)
$16.69M
26.5% of imports
2Oils and other products of the distillation of high temperature coal tar: n.e.c. in heading no. 2707
$15.47M
24.6% of imports
3Aromatic 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)
$7.70M
12.2% of imports
4Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations)
$2.71M
4.3% of imports
5Perfumes and toilet waters
$2.56M
4.1% of imports

📦 Import Strategy Analysis

Netherlands's import pattern from Georgia reveals significant dependencyin alcohols: saturated monohydric, methanol (methyl alcohol), highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Netherlands demonstrates competitive strength in exportingfloating structures: tanks, coffer-dams, landing stages, buoys and beacons to Georgia, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $347.11M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Netherlands-Georgia Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $347.11 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Netherlands maintains a surplus of $221.24 million
  • Export Focus: Netherlands's primary exports 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
  • Import Dependencies: Key imports from Georgia 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)

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 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 Netherlands leveraging its comparative advantages in floating structures: tanks, coffer-dams, landing stages, buoys and beacons.

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

1

Comparative Advantage

Netherlands's specialization in floating structures: tanks, coffer-dams, landing stages, buoys and beaconscomplements Georgia's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in alcohols: saturated monohydric, methanol (methyl alcohol).

3

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 ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

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.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in floating structures: tanks, coffer-dams, landing stages, buoys and beacons and alcohols: saturated monohydric, methanol (methyl alcohol) demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Netherlands's trade surplus of $221.24 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in 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 present expansion opportunities.
Market Diversification
Beyond current focus on alcohols: saturated monohydric, methanol (methyl alcohol), new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in floating structures: tanks, coffer-dams, landing stages, buoys and beacons may affect future market positioning.

🎯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 Netherlands and Georgia represents a total trade volume of $347.11 million in 2023. This partnership demonstrates a favorable trade balance for Netherlands, with exports exceeding importsby $221.24 million.

Export Strengths

Netherlands's exports to Georgia total $284.18 million, with competitive advantages in floating structures: tanks, coffer-dams, landing stages, buoys and beacons, representing $12.17M or4.3% of bilateral exports.

Import Dependencies

Imports from Georgia amount to $62.93 million, highlighting economic interdependence in alcohols: saturated monohydric, methanol (methyl alcohol), with Alcohols: saturated monohydric, methanol (methyl alcohol) comprising26.5% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Netherlands'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 Netherlands and Georgia in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023