A relatively small country with a population of 4.9 million residents, Georgia is strategically located at the confluence between Eastern Europe and West Asia.

Georgia is a resource-based economy. Iron ferroalloys, copper and gold were among the 20 most valuable Georgian export products in 2016.

Wine, liquor and mineral waters were also among the 20 most valuable Georgian export products.

The following list shows on which products Georgian exporters earned the most revenue. Unlike most information currently available on the web, the items below are detailed at the 4-digit tariff code level.

This can help entrepreneurs identify more precisely which products in which the Georgia has strong competitive advantages compared with other nations — and therefore opportunities for trade partnerships.

Most Valuable Georgian Export Products

Below are the 20 most valuable export products delivered to Georgian exporters in 2016. Shown within brackets the percentage change in value from 2009 to 2016 for each product.

1. Copper ores, concentrates: US$311.7 million (up 403.8% since 2009)
2. Miscellaneous nuts: $177.6 million (up 153.9%)
3. Iron ferroalloys: $169.3 million (up 30.1%)
4. Wine: $111.8 million (up 249.4%)
5. Medication mixes in dosage: $94.3 million (up 289.7%)
6. Gold (unwrought): $81.1 million (down -30.2%)
7. Mineral, aerated waters: $79.8 million (up 223.5%)
8. Alcohol (including spirits, liqueurs): $68.4 million (up 26.6%)
9. Nitrogenous fertilizers: $65.6 million (up 9%)
10. T-shirts, vests (knit or crochet): $37.8 million (up 2202.4%)
11. Live bovine cattle: $36.8 million (up 118%)
12. Electrical energy: $35.7 million (up 78%)
13. Crude oil: $31.6 million (up 46.4%)
14. Manganese ores, concentrates: $19.9 million (up 1,100%)
15. Rubber tires (new): $19.8 million (up 1,978,600%)
16. Iron or non-alloy steel bars, rods: $18.3 million (up 632.1%)
17. Armored vehicles, tanks: $16.7 million (no change)
18. Inedible meat flour: $15.2 million (up 1,895%)
19. Copper waste, scrap: $14.4 million (down -24.1%)
20. Sawn wood: $14 million (up 1.8%)

From 2009 to 2016, the average change for all Georgian export products was a 60.4% uptick in value.

Among the 20 most valuable products, exported new rubber tires posted the greatest increase over the 7-year period up an amazing 1,978,600%.

In second place were knit or crochet T-shirts and vests, which appreciated 2,202%.

Exports of inedible meat flour posted an 1,895% gain since 2009. Georgia’s exported manganese moved ahead in value by 1,100%.