2022
Exports
$4.1MWorld Rnk 84 / 221
Flag Rnk 141 / 996
2022
PRODUCT COMPLEXITY IN Liquid Pumps
1.19Rnk 105 / 1025
2022
Imports
$35.4MWorld Rnk 111 / 225
Flag Rnk 84 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $4.1M in Liquid Pumps, making it the 84th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 141st most exported product in Georgia. The main destination of Liquid Pumps exports from Georgia are: Armenia ($1.68M), Zambia ($627k), United Arab Emirates ($226k), Belarus ($219k), and Turkey ($201k).

The fastest growing export markets for Liquid Pumps of Georgia between 2021 and 2022 were Zambia ($446k), Armenia ($305k), and United Arab Emirates ($182k).

Imports In 2022, Georgia imported $35.4M in Liquid Pumps, becoming the 111th largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 84th most imported product in Georgia. Georgia imports Liquid Pumps primarily from: Turkey ($9.95M), China ($7.85M), Italy ($3.34M), Germany ($2.66M), and Ukraine ($1.33M).

The fastest growing import markets in Liquid Pumps for Georgia between 2021 and 2022 were Turkey ($1.56M), Singapore ($834k), and Spain ($821k).

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 Liquid Pumps. 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)$4.1M
IMPORTS (2022)$35.4M
NET TRADE (2022)-$31.3M

In 2022, Georgia exported $4.1M in Liquid Pumps. The main destinations of Georgia exports on Liquid Pumps were Armenia ($1.68M), Zambia ($627k), United Arab Emirates ($226k), Belarus ($219k), and Turkey ($201k).

In 2022, Georgia imported $35.4M in Liquid Pumps, mainly from Turkey ($9.95M), China ($7.85M), Italy ($3.34M), Germany ($2.66M), and Ukraine ($1.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Zambia$446k (246%)
Armenia$305k (22.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY Georgia WERE (2021 - 2022):
Netherlands-$933k (-99.6%)
Belarus-$567k (-72.1%)
Saudi Arabia-$525k (-99.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Liquid Pumps were:
In 2022, Georgia's main importing competitors in Liquid Pumps were:

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Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $194k
TOP IMPORT POTENTIALChina+ $4.35M

Liquid Pumps’s highest export potential is United States. With an export gap of $194k.   Liquid Pumps’s highest import potential is China with an import gap of $4.35M.

See methodology.

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