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2021
Exports $2.35kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Diamonds-1.32Rnk 916 / 1025
2021
Imports $124kWorld Rnk 120 / 159
Flag Rnk 917 / 1152
2022
ECONOMIC COMPLEXITY of Georgia0.036Rnk 64 / 133

About

Imports In 2022, Georgia imported $124k in Diamonds, becoming the 120th largest importer of Diamonds in the world. At the same year, Diamonds was the 917th most imported product in Georgia. Georgia imports Diamonds primarily from: Armenia ($95k), United Arab Emirates ($22.5k), United States ($3.99k), Italy ($1.95k), and Turkey ($777).

The fastest growing import markets in Diamonds for Georgia between 2021 and 2022 were Armenia ($21.5k), United Arab Emirates ($8.44k), and United States ($3.99k).

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 Diamonds. 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 (2021)$2.35k
IMPORTS (2022)$124k
NET TRADE (2022)-$124k

In 2022, Georgia imported $124k in Diamonds, mainly from Armenia ($95k), United Arab Emirates ($22.5k), United States ($3.99k), Italy ($1.95k), and Turkey ($777).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Georgia WERE (N/A - 2021):Denmark-$2.35k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Diamonds were:
India $25.9B
United Arab Emirates $15.5B
Belgium $14.7B
In 2022, Georgia's main importing competitors in Diamonds were:
India $26.1B
United States $20.3B
United Arab Emirates $17.5B

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Trade Value of Diamonds by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $806
TOP IMPORT POTENTIALArmenia+ $60.7k

Diamonds’s highest export potential is India. With an export gap of $806.   Diamonds’s highest import potential is Armenia with an import gap of $60.7k.

See methodology.

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