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2022
Exports $289kWorld Rnk 102 / 190
Flag Rnk 471 / 996
2022
Destination $183k Armenia
2021 - 2022
FASTEST GROWING MARKET $183kArmenia
2022
PRODUCT COMPLEXITY IN Knit Men's Undergarments-1.37Rnk 926 / 1025
2022
Imports $3.91MWorld Rnk 95 / 217
Flag Rnk 392 / 1152
2022
Origin $554k Turkey
2021 - 2022
FASTEST GROWING ORIGIN $554kTurkey
2022
ECONOMIC COMPLEXITY of Georgia0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $289k in Knit Men's Undergarments, making it the 102nd largest exporter of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 471st most exported product in Georgia. The main destination of Knit Men's Undergarments exports from Georgia are: Armenia ($249k), Ukraine ($13k), Kuwait ($10.6k), Azerbaijan ($6.76k), and Switzerland ($3.23k).

The fastest growing export markets for Knit Men's Undergarments of Georgia between 2021 and 2022 were Armenia ($183k), Ukraine ($12.2k), and Kuwait ($10.6k).

Imports In 2022, Georgia imported $3.91M in Knit Men's Undergarments, becoming the 95th largest importer of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 392nd most imported product in Georgia. Georgia imports Knit Men's Undergarments primarily from: Turkey ($1.85M), China ($690k), Croatia ($281k), Bangladesh ($137k), and Italy ($124k).

The fastest growing import markets in Knit Men's Undergarments for Georgia between 2021 and 2022 were Turkey ($554k), India ($92.5k), and China ($90.5k).

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 Knit Men's Undergarments. 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)$289k
IMPORTS (2022)$3.91M
NET TRADE (2022)-$3.62M

In 2022, Georgia exported $289k in Knit Men's Undergarments. The main destinations of Georgia exports on Knit Men's Undergarments were Armenia ($249k), Ukraine ($13k), Kuwait ($10.6k), Azerbaijan ($6.76k), and Switzerland ($3.23k).

In 2022, Georgia imported $3.91M in Knit Men's Undergarments, mainly from Turkey ($1.85M), China ($690k), Croatia ($281k), Bangladesh ($137k), and Italy ($124k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Undergarments EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$183k (276%)
Ukraine$12.2k (1.71k%)
Kuwait$10.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Undergarments BY Georgia WERE (2021 - 2022):
Morocco-$62.5k (-100%)
Jordan-$7.07k (-100%)
United Arab Emirates-$1.4k (-71.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Knit Men's Undergarments were:
China $3.23B
Bangladesh $1.2B
Vietnam $715M
In 2022, Georgia's main importing competitors in Knit Men's Undergarments were:
United States $2.31B
Germany $772M
United Kingdom $503M

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Trade Value of Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $4.09k
TOP IMPORT POTENTIALChina+ $485k

Knit Men's Undergarments’s highest export potential is Turkey. With an export gap of $4.09k.   Knit Men's Undergarments’s highest import potential is China with an import gap of $485k.

See methodology.

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