2022
Exports
$6.26MWorld Rnk 92 / 218
Flag Rnk 105 / 996
2022
PRODUCT COMPLEXITY IN Other Edible Preparations
0.054Rnk 531 / 1025
2022
Imports
$55.2MWorld Rnk 106 / 226
Flag Rnk 44 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $6.26M in Other Edible Preparations, making it the 92nd largest exporter of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 105th most exported product in Georgia. The main destination of Other Edible Preparations exports from Georgia are: Russia ($2.37M), Armenia ($1.76M), Azerbaijan ($891k), Uzbekistan ($370k), and Netherlands ($127k).

The fastest growing export markets for Other Edible Preparations of Georgia between 2021 and 2022 were Russia ($1.23M), Armenia ($723k), and Kyrgyzstan ($98.4k).

Imports In 2022, Georgia imported $55.2M in Other Edible Preparations, becoming the 106th largest importer of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 44th most imported product in Georgia. Georgia imports Other Edible Preparations primarily from: Russia ($7.01M), Germany ($6.6M), Turkey ($5.87M), United States ($4.49M), and Poland ($4.31M).

The fastest growing import markets in Other Edible Preparations for Georgia between 2021 and 2022 were Turkey ($3.05M), Poland ($1.72M), and United States ($1.45M).

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 Other Edible Preparations. 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)$6.26M
IMPORTS (2022)$55.2M
NET TRADE (2022)-$49M

In 2022, Georgia exported $6.26M in Other Edible Preparations. The main destinations of Georgia exports on Other Edible Preparations were Russia ($2.37M), Armenia ($1.76M), Azerbaijan ($891k), Uzbekistan ($370k), and Netherlands ($127k).

In 2022, Georgia imported $55.2M in Other Edible Preparations, mainly from Russia ($7.01M), Germany ($6.6M), Turkey ($5.87M), United States ($4.49M), and Poland ($4.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Edible Preparations EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Russia$1.23M (108%)
Armenia$723k (69.9%)
Kyrgyzstan$98.4k (1.75k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Edible Preparations BY Georgia WERE (2021 - 2022):
Uzbekistan-$994k (-72.9%)
Iran-$217k (-100%)
Turkmenistan-$55.5k (-63.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Other Edible Preparations were:
In 2022, Georgia's main importing competitors in Other Edible Preparations were:

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Trade Value of Other Edible Preparations by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $96.4k
TOP IMPORT POTENTIALUnited States+ $1.77M

Other Edible Preparations’s highest export potential is Netherlands. With an export gap of $96.4k.   Other Edible Preparations’s highest import potential is United States with an import gap of $1.77M.

See methodology.

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