Trade in goods with USA SITC (Standard International Trade Classification)
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Georgia trade flows with USA by SITC*) product sections during 2020/7 - 2020/11

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2020/7
%
2020/8
%
2020/9
%
2020/10
%
2020/11
%
Export0.00.00.00.00.0
Import0.00.00.00.00.0
Trade in Goods0.00.00.00.00.0

USA's foreign trade with Georgia, exports to Georgia and imports from Georgia in November 2020


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In November Georgia was USA's 102. largest foreign trade partner. Rise from the previous month 6 places. Most of the the value of trade consists of USA's exports to Georgia. $49 million worth of trade was 39.4 per cent lower than in November of the previous year. During the month, the balance of trade with Georgia was $34 million of surplus.

The value of imports from Georgia decreased strongly, by 72.4 per cent compared to in November of the previous year. The import amounted to $7.6 million in November 2020. More than half of the value of imports was in Sitc511 (hydrocarbons, n.e.s., and their halogenated, sulphonated, nitrated or nitrosated derivatives) representing a share of 64.6 per cent. The second major category of imports was Sitc112 (alcoholic beverages), corresponding to the share of 7.1 per cent of imports.

The value of exports to Georgia declined by 22.5 per cent compared to in November of the previous year, thus amounting to $42 million in November 2020. The largest product groups of exports were: Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars), which represented a share of 34.5 per cent of total exports, Sitc041 (wheat (including spelt) and meslin, unmilled) 16.0 % and Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76) 7.7 % of the exports.

Development during January-November 2020

During January-November, trade in goods between the two countries declined sharply (-38.6 %) over the same period last year. The value of the trade was $536 million. During January-November the value of imports was $132 million. The export value was $404 million. Compared to the corresponding period in 2019, the value of both imports and exports decreased significantly. The decline in imports was -11.7 % and in the value of exports -44.1 %. The largest value in imports was in Sitc671 (pig-iron, spiegeleisen, sponge iron, iron or steel granules and powders and ferro-alloys), worth $74 million. In export the largest value had Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars), worth being $190 million. The trade balance between USA and Georgian between January and November was in surplus for USA. The timing surplus was $273 million.


Table: USA's export to Georgia (GE) during 2020/7 - 2020/11

2020 / 72020 / 82020 / 92020 / 102020 / 11
million $%million $%million $%million $%million $%
0. Food and live animals 9.6 32.0 7.4 27.6 6.7 24.2 6.2 15.3 9.4 22.5
01. Meat and meat preparations 7.8 26.3 6.5 24.6 4.7 16.9 4.6 11.4 1.9 4.5
04. Cereals and cereal preparations 0.1 0.0 0.1 0.2 0.1 0.3 0 0.0 6.7 16.0
05. Vegetables and fruit 0.7 2.2 0.5 1.6 1.5 5.3 0.9 2.1 0.7 1.7
2. Crude materials,inedible,except fuels 0.6 2.0 0.8 2.8 0.6 2.1 0.2 0.4 2.7 6.5
22. Oil seeds,oleaginous fruits 0 0.0 0 0.0 0 0.0 0 0.0 1.9 4.5
26. Textile fibres and their wastes 0.6 2.0 0.8 2.7 0.6 2.0 0.2 0.3 0.9 2.0
5. Chemicals and related products,n.e.s. 1.3 4.1 4.0 15.1 1.2 4.0 0.10 2.3 1.1 2.5
54. Medicinal and pharmaceutical products 0.3 1.0 2.5 9.2 0.1 0.1 0.4 0.9 0.4 0.9
57. Plastics in primary forms 0.7 2.3 1.0 3.7 0.5 1.7 0.4 0.9 0 0.0
7. Machinery,transport equipment 16.8 56.5 12.5 47.2 17.9 64.4 31.0 77.2 23.1 55.4
72. Machinery for specialized industries 0.2 0.4 0.3 0.9 0.1 0.2 0.1 0.2 1.1 2.6
74. General industrial machinery n.e.s. 0.6 1.9 0.4 1.4 0.7 2.5 0.2 0.3 0.1 0.2
76. Telecommunications and sound recording equipment 0.5 1.5 0.4 1.3 0.2 0.6 0.6 1.3 3.3 7.7
77. Electric machinery,n.e.s.and parts 0.3 0.8 0.3 1.0 0.2 0.6 0.1 0.1 0.6 1.3
78. Road vehicles 14.9 50.1 10.8 40.6 15.6 56.2 18.5 45.9 17.7 42.5
79. Other transport equipment 0.3 0.9 0.1 0.3 0.5 1.5 11.2 27.8 0.2 0.4
8. Miscellaneous manufactured articles 1.4 4.5 1.7 6.2 0.9 3.0 1.5 3.7 3.9 9.1
87. Instruments and apparates n.e.s. 0.6 1.8 1.0 3.6 0.3 0.9 0.3 0.7 0.4 0.8
89. Miscellaneous manufactured articles,n.e.s. 0.4 1.0 0.3 1.1 0.2 0.6 0.6 1.4 3.2 7.5
9. Goods not classified elsewhere 0.2 0.4 0.1 0.3 0.1 0.2 0.1 0.2 0.7 1.6
93. Special transactions and commodities not classified 0.1 0.3 0.1 0.3 0.1 0.2 0.1 0.1 0.7 1.6
0-9. All groups combined 29.7 100.0 26.5 100.0 27.7 100.0 40.2 100.0 41.7 100.0

Source: US Census Bureau

Table: Import from Georgia (GE) to USA during 2020/7 - 2020/11

2020 / 72020 / 82020 / 92020 / 102020 / 11
million $%million $%million $%million $%million $%
1. Beverages and tobacco 0.5 5.7 0.7 21.8 0.9 12.1 0.9 3.3 0.7 9.2
11. Beverages 0.5 5.7 0.7 21.8 0.9 12.1 0.9 3.3 0.7 9.2
5. Chemicals and related products,n.e.s. 6.4 74.3 0.2 3.7 4.7 67.4 6.2 24.7 4.10 64.9
51. Organic chemicals 6.1 70.1 0 0.0 4.6 65.8 4.8 19.4 4.9 64.6
52. Inorganic chemicals 0.4 4.1 0.2 3.6 0.1 1.2 1.4 5.3 0.1 0.3
6. Basic manufactures 0.5 5.7 0.8 24.2 0.6 8.6 16.8 67.5 0.5 6.2
63. Wood and cork manufactures 0.1 0.6 0.1 1.1 0.1 0.9 0.6 2.3 0.3 2.7
67. Iron and steel 0.5 4.9 0.7 22.5 0.6 7.5 16.2 65.2 0.2 1.5
8. Miscellaneous manufactured articles 0.8 8.4 0.8 24.6 0.5 6.0 0.6 2.3 0.8 9.9
84. Articles of apparel and clothing accessories 0.7 7.4 0.3 6.9 0.3 4.2 0.5 1.8 0.3 3.1
0-9. All groups combined 8.7 100.0 2.10 100.0 6.10 100.0 24.8 100.0 7.6 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2020 January - November (Sitc)

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