2022
Exports
$4.45MWorld Rnk 88 / 192
Flag Rnk 126 / 996
2022
PRODUCT COMPLEXITY IN Gas Turbines
0.71Rnk 270 / 1025
2022
Imports
$34.6MWorld Rnk 87 / 207
Flag Rnk 86 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $4.45M in Gas Turbines, making it the 88th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 126th most exported product in Georgia. The main destination of Gas Turbines exports from Georgia are: Czechia ($2.8M), Hungary ($1.11M), United States ($320k), United Kingdom ($101k), and Poland ($57.7k).

The fastest growing export markets for Gas Turbines of Georgia between 2021 and 2022 were Czechia ($2.78M), Hungary ($1.11M), and United States ($303k).

Imports In 2022, Georgia imported $34.6M in Gas Turbines, becoming the 87th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 86th most imported product in Georgia. Georgia imports Gas Turbines primarily from: Germany ($11.5M), Hungary ($11.2M), United Kingdom ($6.26M), Czechia ($3.23M), and Italy ($486k).

The fastest growing import markets in Gas Turbines for Georgia between 2021 and 2022 were Hungary ($11.2M), Germany ($11M), and United Kingdom ($6.23M).

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 Gas Turbines. 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)$4.45M
IMPORTS (2022)$34.6M
NET TRADE (2022)-$30.1M

In 2022, Georgia exported $4.45M in Gas Turbines. The main destinations of Georgia exports on Gas Turbines were Czechia ($2.8M), Hungary ($1.11M), United States ($320k), United Kingdom ($101k), and Poland ($57.7k).

In 2022, Georgia imported $34.6M in Gas Turbines, mainly from Germany ($11.5M), Hungary ($11.2M), United Kingdom ($6.26M), Czechia ($3.23M), and Italy ($486k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Czechia$2.78M (13.8k%)
Hungary$1.11M (1%)
United States$303k (1.71k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Georgia WERE (2021 - 2022):
Russia-$507k (-100%)
Canada-$73.1k (-92.1%)
Kyrgyzstan-$60k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Gas Turbines were:
In 2022, Georgia's main importing competitors in Gas Turbines were:

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $670k
TOP IMPORT POTENTIALUnited Kingdom+ $2.85M

Gas Turbines’s highest export potential is United States. With an export gap of $670k.   Gas Turbines’s highest import potential is United Kingdom with an import gap of $2.85M.

See methodology.

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