2022
Exports
$248kWorld Rnk 87 / 144
Flag Rnk 495 / 996
2022
PRODUCT COMPLEXITY IN Copper Wire
-0.44Rnk 683 / 1025
2022
Imports
$15.4MWorld Rnk 89 / 204
Flag Rnk 177 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $248k in Copper Wire, making it the 87th largest exporter of Copper Wire in the world. At the same year, Copper Wire was the 495th most exported product in Georgia. The main destination of Copper Wire exports from Georgia are: Turkey ($239k), Armenia ($6.1k), United Kingdom ($3.44k), Spain ($204), and Azerbaijan ($14).

The fastest growing export markets for Copper Wire of Georgia between 2021 and 2022 were Turkey ($239k), United Kingdom ($3.44k), and Armenia ($764).

Imports In 2022, Georgia imported $15.4M in Copper Wire, becoming the 89th largest importer of Copper Wire in the world. At the same year, Copper Wire was the 177th most imported product in Georgia. Georgia imports Copper Wire primarily from: Uzbekistan ($13.1M), Turkey ($867k), Azerbaijan ($855k), Iran ($332k), and France ($130k).

The fastest growing import markets in Copper Wire for Georgia between 2021 and 2022 were Iran ($311k), Uzbekistan ($250k), and Azerbaijan ($156k).

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 Copper Wire. 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
EXPORTS (2022)$248k
IMPORTS (2022)$15.4M
NET TRADE (2022)-$15.2M

In 2022, Georgia exported $248k in Copper Wire. The main destinations of Georgia exports on Copper Wire were Turkey ($239k), Armenia ($6.1k), United Kingdom ($3.44k), Spain ($204), and Azerbaijan ($14).

In 2022, Georgia imported $15.4M in Copper Wire, mainly from Uzbekistan ($13.1M), Turkey ($867k), Azerbaijan ($855k), Iran ($332k), and France ($130k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Wire EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Turkey$239k (1%)
United Kingdom$3.44k (1%)
Armenia$764 (14.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Wire BY Georgia WERE (2021 - 2022):
France-$240 (-100%)
Spain-$135 (-39.8%)
Netherlands-$46 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Copper Wire were:
In 2022, Georgia's main importing competitors in Copper Wire were:

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Trade Value of Copper Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $4.44k
TOP IMPORT POTENTIALTurkey+ $390k

Copper Wire’s highest export potential is United Kingdom. With an export gap of $4.44k.   Copper Wire’s highest import potential is Turkey with an import gap of $390k.

See methodology.

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