2022
Exports
$3.57MWorld Rnk 82 / 175
Flag Rnk 150 / 996
2022
PRODUCT COMPLEXITY IN Aluminium Bars
-0.097Rnk 580 / 1025
2022
Imports
$44.6MWorld Rnk 70 / 218
Flag Rnk 66 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $3.57M in Aluminium Bars, making it the 82nd largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 150th most exported product in Georgia. The main destination of Aluminium Bars exports from Georgia are: Armenia ($3.41M), Turkey ($69.2k), Kazakhstan ($66.1k), China ($13k), and Finland ($2.7k).

The fastest growing export markets for Aluminium Bars of Georgia between 2021 and 2022 were Armenia ($1.19M), Turkey ($14.7k), and China ($13k).

Imports In 2022, Georgia imported $44.6M in Aluminium Bars, becoming the 70th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 66th most imported product in Georgia. Georgia imports Aluminium Bars primarily from: Turkey ($39.3M), Germany ($1.3M), Ukraine ($951k), Belgium ($667k), and Greece ($473k).

The fastest growing import markets in Aluminium Bars for Georgia between 2021 and 2022 were Turkey ($12.3M), Belgium ($637k), and Germany ($436k).

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 Aluminium Bars. 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)$3.57M
IMPORTS (2022)$44.6M
NET TRADE (2022)-$41.1M

In 2022, Georgia exported $3.57M in Aluminium Bars. The main destinations of Georgia exports on Aluminium Bars were Armenia ($3.41M), Turkey ($69.2k), Kazakhstan ($66.1k), China ($13k), and Finland ($2.7k).

In 2022, Georgia imported $44.6M in Aluminium Bars, mainly from Turkey ($39.3M), Germany ($1.3M), Ukraine ($951k), Belgium ($667k), and Greece ($473k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$1.19M (53.7%)
Turkey$14.7k (27.1%)
China$13k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Georgia WERE (2021 - 2022):
Kazakhstan-$74.5k (-53%)
Belarus-$26.1k (-100%)
Switzerland-$25.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Aluminium Bars were:
China $3.88B
In 2022, Georgia's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $91.4k
TOP IMPORT POTENTIALGermany+ $1.14M

Aluminium Bars’s highest export potential is Turkey. With an export gap of $91.4k.   Aluminium Bars’s highest import potential is Germany with an import gap of $1.14M.

See methodology.

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