2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

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The fastest growing export markets for Building Stone of Georgia between 2021 and 2022 were Russia ($190k), India ($149k), and Turkey ($29.9k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Building Stone. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color

In N/A, Georgia imported N/A in Building Stone, mainly from Turkey ($3.93M), Iran ($2.87M), India ($1.78M), Azerbaijan ($1.03M), and Italy ($609k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Building Stone EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Russia$190k (72.4%)
India$149k (1%)
Turkey$29.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Building Stone BY Georgia WERE (2021 - 2022):
Germany-$86.6k (-80.1%)
Turkmenistan-$62.5k (-100%)
United States-$30.9k (-87.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Building Stone were:
China $3.87B
Italy $1.71B
India $1.51B
In 2022, Georgia's main importing competitors in Building Stone were:

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Trade Value of Building Stone by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $60.4k
TOP IMPORT POTENTIALTurkey+ $895k

Building Stone’s highest export potential is Germany. With an export gap of $60.4k.   Building Stone’s highest import potential is Turkey with an import gap of $895k.

See methodology.

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