2022
Exports
$83.2MWorld Rnk 46 / 201
Flag Rnk 15 / 996
2022
PRODUCT COMPLEXITY IN Flavored Water
-0.45Rnk 684 / 1025
2022
Imports
$25MWorld Rnk 112 / 225
Flag Rnk 126 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $83.2M in Flavored Water, making it the 46th largest exporter of Flavored Water in the world. At the same year, Flavored Water was the 15th most exported product in Georgia. The main destination of Flavored Water exports from Georgia are: Russia ($39.5M), Armenia ($13.7M), Azerbaijan ($10.4M), Kazakhstan ($5.33M), and Israel ($4.93M).

The fastest growing export markets for Flavored Water of Georgia between 2021 and 2022 were Russia ($13.5M), Armenia ($8.68M), and Kazakhstan ($2.25M).

Imports In 2022, Georgia imported $25M in Flavored Water, becoming the 112th largest importer of Flavored Water in the world. At the same year, Flavored Water was the 126th most imported product in Georgia. Georgia imports Flavored Water primarily from: Russia ($7.53M), Austria ($5.05M), Poland ($2.86M), Turkey ($2.42M), and Ukraine ($1.22M).

The fastest growing import markets in Flavored Water for Georgia between 2021 and 2022 were Russia ($5.4M), Turkey ($1.6M), and Austria ($1.37M).

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 Flavored Water. 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)$83.2M
IMPORTS (2022)$25M
NET TRADE (2022)$58.2M

In 2022, Georgia exported $83.2M in Flavored Water. The main destinations of Georgia exports on Flavored Water were Russia ($39.5M), Armenia ($13.7M), Azerbaijan ($10.4M), Kazakhstan ($5.33M), and Israel ($4.93M).

In 2022, Georgia imported $25M in Flavored Water, mainly from Russia ($7.53M), Austria ($5.05M), Poland ($2.86M), Turkey ($2.42M), and Ukraine ($1.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flavored Water EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Russia$13.5M (52.1%)
Armenia$8.68M (174%)
Kazakhstan$2.25M (73.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flavored Water BY Georgia WERE (2021 - 2022):
Ukraine-$2.6M (-65.7%)
Lithuania-$418k (-44.4%)
Iran-$315k (-58.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Flavored Water were:
In 2022, Georgia's main importing competitors in Flavored Water were:

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Trade Value of Flavored Water by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.92M
TOP IMPORT POTENTIALTurkey+ $645k

Flavored Water’s highest export potential is United States. With an export gap of $1.92M.   Flavored Water’s highest import potential is Turkey with an import gap of $645k.

See methodology.

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