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Home » United States » What is the dollar value of Georgia imports and exports?

What is the dollar value of Georgia imports and exports?

December 14, 2021 by Bridget Gibson

In August 2021, the value of Georgia’s imports amounted to about 10.55 billion U.S. dollars; its exports valued about 3.52 billion U.S. dollars that month.

Contents

What is the dollar value of Georgia’s imports?

U.S. Imports by State of Final Destination (State Import Series). Values in millions of dollars. Percent Change is from 2019 – 2020.
Top 25 Countries Based on 2020 Dollar Value.

Country Total Georgia Imports and % Share of U.S. Total
2018 Value 98,630
2019 Value 102,077
2020 Value 98,939

What are the exports and imports of Georgia?

GDP of Georgia is 17,477,255,562.26 in current US$. Georgia services export is 4,600,499,339.04 in BoP, current US$ and services import is 2,424,650,543.50 in Bop, current US$. Georgia exports of goods and services as percentage of GDP is 54.82% and imports of goods and services as percentage of GDP is 63.78%.

What is the dollar amount of exports?

Dollar Change From Prior Year

2018 (Billions of $) 2017 (Billions of $)
Goods and Services
Exports $2,500.0 $2,351.1
Imports $3,121.0 $2,903.3
Goods (BOP Basis)

What is the total value of export and import?

Overall Exports and Imports for India 2019
The total value of exports (FOB) is US$ 323,251 million. The total value of imports (CIF) is US$ 478,884 million. At the HS6 digit level, 4,442 products are exported to 226 countries and 4,356 products are imported from 210 countries.

What are the major exports in Georgia?

Georgia’s main exports are metals, motor cars, nuts, fertilizers, wine and mineral water. Georgia’s main export partners are Turkey, Azerbaijan, Canada, Armenia, Ukraine, Bulgaria and the United States.

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What is Georgia’s #1 export?

Georgia’s biggest export in 2020 was aircraft including parts accounting for 21.3% of the state’s aggregated exports revenue. The state’s top 3 exports were aircraft including parts, mid-sized automobiles with piston engine and gas turbine parts representing 27.9% of the total.

What are the five biggest imports for Georgia?

In the long-term, the Georgia Imports is projected to trend around 850.00 USD Million in 2022, according to our econometric models. Georgia’s main imports are oil, motor cars, pharmaceutical products, wheat and meslin, sugar and electrical equipment.

What are Georgia’s top 5 exports?

Drilling down to the more detailed 4-digit HTS codes, Georgia’s most valuable exported goods are copper ores and concentrates (29.1% of its global total), iron ferroalloys (9.7%), wine (8.2%), mineral and aerated waters (4.6%), precious metal ores and concentrates (4.2%), alcoholic beverages (also 4.2%), gold (3.8%),

What are Georgia’s top 5 imports?

Imports The top imports of Georgia are Cars ($894M), Refined Petroleum ($790M), Copper Ore ($382M), Packaged Medicaments ($376M), and Petroleum Gas ($373M), importing mostly from Turkey ($1.65B), China ($1.08B), Russia ($942M), United States ($632M), and Azerbaijan ($605M).

What is the value of imports?

Valuation definitions and their usage follow below: Custom Import Value (C.V.) – This value is generally defined as the price actually paid or payable for merchandise when sold for exportation, excluding import duties, freight, insurance, and other charges incurred in bringing the merchandise to the importing country.

What is the value of US imports annually?

In 2020, the total value of U.S. trade goods amounted to 3.77 trillion U.S. dollars.

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Year Exports Imports
2020 1,431.6 2,336.6
2019 1,645.5 2,498.5
2018 1,664.1 2,542.8
2017 1,546.8 2,342.9

What is the dollar amount of US exports for 2020?

2.13 trillion U.S. dollars
The timeline shows the total value of international U.S. exports of goods and services from 2000 to 2020. In 2020, the total value of international U.S. exports of goods and services amounted to 2.13 trillion U.S. dollars.

Year Export value in trillion U.S. dollars
2020 2.13
2019 2.53
2018 2.5
2017 2.35

What is the value of exports?

Value of exports is the amount of money generated by a given country for goods and servicesProducts and ServicesA product is a tangible item that is put on the market for acquisition, attention, or consumption while a service is an intangible item, which arises from from a foreign market.

How much does China import and export?

The value of China’s exports in goods annually surpasses the amount it imports from the rest of the world. In 2018, China exported $2.49 trillion in goods while it imported $2.13 trillion. The majority of China’s surplus comes from trade with the US and Hong Kong.

What country is the biggest importer?

the U.S.
In 2020, the U.S. were the leading import country in the world with an import value of about 2.41 trillion US dollars. Import and export are generally important pillars of a country’s economy. The trade balance of a country shows the relationship between the values of a country’s imports and exports.

What does Georgia import?

Georgia’s main imports are petroleum products and natural gas, automobiles, copper ore, medicines, tobacco products, and wheat. After years of declining domestic manufacturing, most consumer goods are imported.

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What does Georgia State export?

The deep roots of Georgia’s agriculture industry continued to reap economic benefits in 2020, delivering $4.25 billion in global exports, maintaining its export totals from 2019. Georgia remains a leading state for poultry, cotton, and peanuts, as well as forest products.

What does Georgia sell most of?

Georgia consistently ranks first in the nation’s production of poultry and eggs and is also a top producer of peanuts, pecans, cotton, tobacco, blueberries, and peaches. Overall, the state accounts for 2 percent of total U.S. agricultural sales.

Is Georgia a poor country?

Poverty Data: Georgia. In Georgia, 19.5% of the population lives below the national poverty line in 2019. In Georgia, the proportion of employed population below $1.90 purchasing power parity a day in 2019 is 3.0%.

What is Georgia known for?

Georgia is known as the Peach State, but it’s also the country’s top producer of pecans, peanuts, and vidalia onions. The state’s onions are considered some of the sweetest in the world.

Filed Under: United States

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About Bridget Gibson

Bridget Gibson loves to explore the world. A wanderlust spirit, Bridget has journeyed to far-off places and experienced different cultures. She is always on the lookout for her next adventure, and she loves nothing more than discovering something new about life.

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