2018
Exports
$237World Rnk 153 / 166
Flag Rnk 967 / 996
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2018
Imports
$40MWorld Rnk 77 / 224
Flag Rnk 74 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2018, Georgia exported $237 in Concentrated Milk, making it the 153rd largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 967th most exported product in Georgia. The main destination of Concentrated Milk exports from Georgia are: Estonia ($237).

The fastest growing export markets for Concentrated Milk of Georgia between N/A and 2022 were Estonia ($237).

Imports In 2022, Georgia imported $40M in Concentrated Milk, becoming the 77th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 74th most imported product in Georgia. Georgia imports Concentrated Milk primarily from: Belarus ($12.9M), Iran ($10.6M), Ukraine ($4.44M), Netherlands ($2.59M), and Ireland ($1.58M).

The fastest growing import markets in Concentrated Milk for Georgia between 2021 and 2022 were Iran ($7.1M), Belarus ($5.94M), and Netherlands ($2.06M).

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 Concentrated Milk. 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)$237
IMPORTS (2022)$40M
NET TRADE (2022)-$40M

In 2022, Georgia exported $237 in Concentrated Milk. The main destinations of Georgia exports on Concentrated Milk were Estonia ($237).

In 2022, Georgia imported $40M in Concentrated Milk, mainly from Belarus ($12.9M), Iran ($10.6M), Ukraine ($4.44M), Netherlands ($2.59M), and Ireland ($1.58M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Georgia WERE (N/A - 2022):Estonia$237 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Concentrated Milk were:
In 2022, Georgia's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $640
TOP IMPORT POTENTIALGermany+ $505k

Concentrated Milk’s highest export potential is China. With an export gap of $640.   Concentrated Milk’s highest import potential is Germany with an import gap of $505k.

See methodology.

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