2022
Exports
$3.43kWorld Rnk 58 / 82
Flag Rnk 878 / 996
2022
Imports
$4.28kWorld Rnk 101 / 154
Flag Rnk 1088 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $3.43k in Flax Yarn, making it the 58th largest exporter of Flax Yarn in the world. At the same year, Flax Yarn was the 878th most exported product in Georgia. The main destination of Flax Yarn exports from Georgia are: Armenia ($3.43k).

The fastest growing export markets for Flax Yarn of Georgia between N/A and 2022 were Armenia ($3.43k).

Imports In 2022, Georgia imported $4.28k in Flax Yarn, becoming the 101st largest importer of Flax Yarn in the world. At the same year, Flax Yarn was the 1088th most imported product in Georgia. Georgia imports Flax Yarn primarily from: Turkey ($3.77k), Italy ($484), and Russia ($17).

The fastest growing import markets in Flax Yarn for Georgia between 2021 and 2022 were Turkey ($3.07k), Italy ($403), and Russia ($7).

Historical Data

Trade Balance

Color
EXPORTS (2022)$3.43k
IMPORTS (2022)$4.28k
NET TRADE (2022)-$841

In 2022, Georgia exported $3.43k in Flax Yarn. The main destinations of Georgia exports on Flax Yarn were Armenia ($3.43k).

In 2022, Georgia imported $4.28k in Flax Yarn, mainly from Turkey ($3.77k), Italy ($484), and Russia ($17).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Yarn EXPORT MARKETS FOR Georgia WERE (N/A - 2022):Armenia$3.43k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Georgia's main exporting competitors in Flax Yarn were:
China $312M
Italy $58.4M
Poland $39.1M
In 2022, Georgia's main importing competitors in Flax Yarn were:
Italy $141M
India $64.6M
Turkey $55.7M

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Trade Value of Flax Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $349
TOP IMPORT POTENTIALChina+ $603

Flax Yarn’s highest export potential is Turkey. With an export gap of $349.   Flax Yarn’s highest import potential is China with an import gap of $603.

See methodology.

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