Georgia Ports See Record Breaking Year With $50B In Trade

Georgia Ports See Record Breaking Year With $50B In Trade

In 2023, exports from Georgia soared to a record-breaking $49.7 billion, marking the third consecutive year of growth, as reported by the state’s Department of Economic Development.

Commodities

This figure surpassed the previous record of $47 billion set in 2022. Leading the export charge were civilian aircrafts ($8.2 billion), motor vehicles ($3.1 billion), turbojets ($2.3 billion), poultry ($1.5 billion), and chemical woodpulp ($1.3 billion).

Export Destinations

Throughout the year, Georgia's primary export destinations included Canada ($7.6 billion), Mexico ($4.8 billion), China ($3.9 billion), Germany ($2.6 billion), and Singapore ($2.2 billion).

In terms of trade, Georgia ranked seventh in the U.S. with transactions exceeding $186 billion. Additionally, the state secured the 12th spot nationally for the dollar value of exports.


Courtesy: FreightWaves