2022
Exports
$759kWorld Rnk 54 / 144
Flag Rnk 333 / 996
2022
PRODUCT COMPLEXITY IN Waxes
0.46Rnk 381 / 1025
2022
Imports
$1.04MWorld Rnk 102 / 203
Flag Rnk 620 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $759k in Waxes, making it the 54th largest exporter of Waxes in the world. At the same year, Waxes was the 333rd most exported product in Georgia. The main destination of Waxes exports from Georgia are: Russia ($740k), Armenia ($12.2k), Israel ($3.84k), Turkey ($2.18k), and United Arab Emirates ($938).

The fastest growing export markets for Waxes of Georgia between 2021 and 2022 were Russia ($740k), Armenia ($11.1k), and Turkey ($2.18k).

Imports In 2022, Georgia imported $1.04M in Waxes, becoming the 102nd largest importer of Waxes in the world. At the same year, Waxes was the 620th most imported product in Georgia. Georgia imports Waxes primarily from: Germany ($672k), Turkey ($94.2k), Denmark ($84.8k), Netherlands ($76.8k), and Spain ($26k).

The fastest growing import markets in Waxes for Georgia between 2021 and 2022 were Germany ($390k), Turkey ($81.6k), and Denmark ($63.4k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Waxes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$759k
IMPORTS (2022)$1.04M
NET TRADE (2022)-$277k

In 2022, Georgia exported $759k in Waxes. The main destinations of Georgia exports on Waxes were Russia ($740k), Armenia ($12.2k), Israel ($3.84k), Turkey ($2.18k), and United Arab Emirates ($938).

In 2022, Georgia imported $1.04M in Waxes, mainly from Germany ($672k), Turkey ($94.2k), Denmark ($84.8k), Netherlands ($76.8k), and Spain ($26k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Waxes EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Russia$740k (1%)
Armenia$11.1k (1.04k%)
Turkey$2.18k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Waxes BY Georgia WERE (2021 - 2022):
Malaysia-$1.72k (-100%)
Norway-$119 (-100%)
France-$24 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Georgia's main exporting competitors in Waxes were:
In 2022, Georgia's main importing competitors in Waxes were:

Explore Visualizations

Trade Value of Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $2.59k
TOP IMPORT POTENTIALTurkey+ $42.6k

Waxes’s highest export potential is United Arab Emirates. With an export gap of $2.59k.   Waxes’s highest import potential is Turkey with an import gap of $42.6k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with