2022
Exports
$1.65kWorld Rnk 106 / 142
Flag Rnk 916 / 996
2022
PRODUCT COMPLEXITY IN Tool Plates
1.66Rnk 31 / 1025
2022
Imports
$45.3kWorld Rnk 136 / 188
Flag Rnk 993 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $1.65k in Tool Plates, making it the 106th largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 916th most exported product in Georgia. The main destination of Tool Plates exports from Georgia are: Germany ($975), Canada ($536), Lithuania ($51), Armenia ($48), and Czechia ($42).

The fastest growing export markets for Tool Plates of Georgia between 2021 and 2022 were Germany ($975), Canada ($536), and Lithuania ($51).

Imports In 2022, Georgia imported $45.3k in Tool Plates, becoming the 136th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 993rd most imported product in Georgia. Georgia imports Tool Plates primarily from: Turkey ($12.6k), United Kingdom ($8.85k), Israel ($6.64k), Italy ($4.01k), and China ($3.82k).

The fastest growing import markets in Tool Plates for Georgia between 2021 and 2022 were United Kingdom ($7.43k), Israel ($5.64k), and Italy ($4.01k).

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 Tool Plates. 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)$1.65k
IMPORTS (2022)$45.3k
NET TRADE (2022)-$43.6k

In 2022, Georgia exported $1.65k in Tool Plates. The main destinations of Georgia exports on Tool Plates were Germany ($975), Canada ($536), Lithuania ($51), Armenia ($48), and Czechia ($42).

In 2022, Georgia imported $45.3k in Tool Plates, mainly from Turkey ($12.6k), United Kingdom ($8.85k), Israel ($6.64k), Italy ($4.01k), and China ($3.82k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Germany$975 (1%)
Canada$536 (1%)
Lithuania$51 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Georgia WERE (2021 - 2022):
Russia-$7.42k (-100%)
Czechia-$21 (-33.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Tool Plates were:
Germany $1.21B
Japan $880M
China $698M
In 2022, Georgia's main importing competitors in Tool Plates were:

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Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $800
TOP IMPORT POTENTIALIsrael+ $13.6k

Tool Plates’s highest export potential is Canada. With an export gap of $800.   Tool Plates’s highest import potential is Israel with an import gap of $13.6k.

See methodology.

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