Georgia

Georgia Exports & Foreign Investment

 

In 2023, Georgia exported a record $49.8 billion of goods to the world.  In 2021, exports from Georgia supported an estimated 155 thousand jobs.

 

Exports from Georgia and Jobs

• Georgia was the 12^th largest state exporter of goods in 2023.
• In 2023, Georgia goods exports were $49.8 billion, an increase of 32 percent ($12 billion) from its export level in 2013 (latest data available).
• Goods exports accounted for 6.2 percent of Georgia GDP in 2023 (latest data available).
• Georgia goods exports in 2021 (latest data available) supported an estimated 155 thousand jobs. Nationally, jobs supported by goods exports pay up to an estimated 18 percent above the national average.

Manufacturing Exports from Georgia and Jobs

• In 2023, Georgia exported $44.4 billion of manufactured products.
• Georgia exports of manufactured products supported an estimated 139 thousand jobs in 2021 (latest data available).
• The state's largest manufacturing export category is transportation equipment, which accounted for $12.3 billion of Georgia's total goods exports in 2023.
• Other top manufacturing exports are machinery, except electrical ($6.3 billion), computer and electronic products ($4.9 billion), chemicals ($4.2 billion), and paper ($3.4 billion).

 

Exports Sustain Thousands of Georgia Businesses many of which are SMEs

• A total of 14,693 companies exported from Georgia locations in 2022 (latest data available). Of those, 12,834 (87 percent) were small and medium sized enterprises with fewer than 500 employees.
•  Small and medium-sized firms generated 30.1 percent of Georgia's total exports of goods in 2022.

 

Georgia Depends on World Markets

• The state’s largest market was Canada. Georgia exported $7.7 billion in goods to Canada in 2023, representing 15 percent of the state’s total goods exports.
• Canada was followed by Mexico ($4.9 billion), China ($3.9 billion), Germany ($2.7 billion), and Singapore ($2.2 billion).
• Georgia’s exports to major world areas included:

 

• 40 percent of Georgia’s goods exports ($20.1 billion) in 2023 went to current FTA partners. 

Agriculture in Georgia depends on Exports

• Georgia is the country’s 18^th largest agricultural exporting state, shipping $3.9 billion in domestic agricultural exports abroad in 2022 (latest data available according to the U.S. Dept. of Agriculture).^[1]
• Top Agricultural exports were:

 

International Investment Creates Jobs in Georgia

• In 2021 (latest data available), foreign-controlled companies employed 281,800 Georgia workers. Major sources of foreign investment in Georgia included Japan, Canada and Germany. 
• Foreign investment in Georgia was responsible for 7.1 percent of the state's total private-industry employment in 2021.

Georgia’s Major Metropolitan Areas Benefit from Exporting

In 2022 (latest data available), the following metropolitan areas in Georgia recorded goods exports: Atlanta-Sandy Springs-Alpharetta ($30.8 billion), Savannah ($6.2 billion), Chattanooga ($2.1 billion), Augusta-Richmond County ($1.2 billion), Brunswick ($870.4 million), Athens-Clarke County ($489.9 million), Valdosta ($432.6 million), Hinesville ($359.9 million), Albany ($356 million), Dalton ($328.3 million), Macon-Bibb County ($230.1 million), Warner Robins ($148.1 million), and Rome ($100.3 million).