2022
Exports
$54.6kWorld Rnk 97 / 148
Flag Rnk 659 / 996
2022
PRODUCT COMPLEXITY IN Other Iron Bars
-0.18Rnk 608 / 1025
2022
Imports
$1.04MWorld Rnk 120 / 213
Flag Rnk 618 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $54.6k in Other Iron Bars, making it the 97th largest exporter of Other Iron Bars in the world. At the same year, Other Iron Bars was the 659th most exported product in Georgia. The main destination of Other Iron Bars exports from Georgia are: Armenia ($27.8k) and Turkey ($26.8k).

The fastest growing export markets for Other Iron Bars of Georgia between N/A and 2022 were Armenia ($27.8k) and Turkey ($26.8k).

Imports In 2022, Georgia imported $1.04M in Other Iron Bars, becoming the 120th largest importer of Other Iron Bars in the world. At the same year, Other Iron Bars was the 618th most imported product in Georgia. Georgia imports Other Iron Bars primarily from: Turkey ($877k), Romania ($69.3k), Netherlands ($50.2k), Azerbaijan ($24.1k), and Italy ($8.24k).

The fastest growing import markets in Other Iron Bars for Georgia between 2021 and 2022 were Turkey ($345k), Romania ($35.9k), and Azerbaijan ($24.1k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$54.6k
IMPORTS (2022)$1.04M
NET TRADE (2022)-$985k

In 2022, Georgia exported $54.6k in Other Iron Bars. The main destinations of Georgia exports on Other Iron Bars were Armenia ($27.8k) and Turkey ($26.8k).

In 2022, Georgia imported $1.04M in Other Iron Bars, mainly from Turkey ($877k), Romania ($69.3k), Netherlands ($50.2k), Azerbaijan ($24.1k), and Italy ($8.24k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Bars EXPORT MARKETS FOR Georgia WERE (N/A - 2022):
Armenia$27.8k (1%)
Turkey$26.8k (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 Iron Bars were:
In 2022, Georgia's main importing competitors in Other Iron Bars were:

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Trade Value of Other Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $27k
TOP IMPORT POTENTIALTurkey+ $84k

Other Iron Bars’s highest export potential is Turkey. With an export gap of $27k.   Other Iron Bars’s highest import potential is Turkey with an import gap of $84k.

See methodology.

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