2022
Exports
$9.82kWorld Rnk 123 / 157
Flag Rnk 804 / 996
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.61Rnk 312 / 1025
2022
Imports
$13.2MWorld Rnk 70 / 215
Flag Rnk 199 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $9.82k in Unpackaged Medicaments, making it the 123rd largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 804th most exported product in Georgia. The main destination of Unpackaged Medicaments exports from Georgia are: Nigeria ($8.19k) and Slovakia ($1.63k).

The fastest growing export markets for Unpackaged Medicaments of Georgia between 2021 and 2022 were Nigeria ($8.19k) and Slovakia ($1.63k).

Imports In 2022, Georgia imported $13.2M in Unpackaged Medicaments, becoming the 70th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 199th most imported product in Georgia. Georgia imports Unpackaged Medicaments primarily from: India ($3.67M), China ($2.93M), United States ($1.11M), Ukraine ($1.06M), and Greece ($995k).

The fastest growing import markets in Unpackaged Medicaments for Georgia between 2021 and 2022 were India ($1.38M), Ukraine ($753k), and Greece ($535k).

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 Unpackaged Medicaments. 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)$9.82k
IMPORTS (2022)$13.2M
NET TRADE (2022)-$13.1M

In 2022, Georgia exported $9.82k in Unpackaged Medicaments. The main destinations of Georgia exports on Unpackaged Medicaments were Nigeria ($8.19k) and Slovakia ($1.63k).

In 2022, Georgia imported $13.2M in Unpackaged Medicaments, mainly from India ($3.67M), China ($2.93M), United States ($1.11M), Ukraine ($1.06M), and Greece ($995k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Nigeria$8.19k (1%)
Slovakia$1.63k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Georgia WERE (2021 - 2022):
Estonia-$156 (-100%)
Namibia-$39 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Unpackaged Medicaments were:
In 2022, Georgia's main importing competitors in Unpackaged Medicaments were:

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNigeria+ $3.23k
TOP IMPORT POTENTIALIndia+ $256k

Unpackaged Medicaments’s highest export potential is Nigeria. With an export gap of $3.23k.   Unpackaged Medicaments’s highest import potential is India with an import gap of $256k.

See methodology.

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