2022
Exports
$1.13MWorld Rnk 85 / 224
Flag Rnk 287 / 996
2022
PRODUCT COMPLEXITY IN Iron Fasteners
1.68Rnk 27 / 1025
2022
Imports
$23.6MWorld Rnk 95 / 225
Flag Rnk 132 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $1.13M in Iron Fasteners, making it the 85th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 287th most exported product in Georgia. The main destination of Iron Fasteners exports from Georgia are: Armenia ($256k), Finland ($232k), Zambia ($106k), United Arab Emirates ($105k), and Belarus ($54.1k).

The fastest growing export markets for Iron Fasteners of Georgia between 2021 and 2022 were Armenia ($203k), Finland ($180k), and United Arab Emirates ($104k).

Imports In 2022, Georgia imported $23.6M in Iron Fasteners, becoming the 95th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 132nd most imported product in Georgia. Georgia imports Iron Fasteners primarily from: China ($12.9M), Turkey ($4.86M), Chinese Taipei ($1.61M), Poland ($837k), and Germany ($781k).

The fastest growing import markets in Iron Fasteners for Georgia between 2021 and 2022 were China ($6.38M), Chinese Taipei ($1M), and United States ($413k).

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 Iron Fasteners. 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)$1.13M
IMPORTS (2022)$23.6M
NET TRADE (2022)-$22.5M

In 2022, Georgia exported $1.13M in Iron Fasteners. The main destinations of Georgia exports on Iron Fasteners were Armenia ($256k), Finland ($232k), Zambia ($106k), United Arab Emirates ($105k), and Belarus ($54.1k).

In 2022, Georgia imported $23.6M in Iron Fasteners, mainly from China ($12.9M), Turkey ($4.86M), Chinese Taipei ($1.61M), Poland ($837k), and Germany ($781k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$203k (387%)
Finland$180k (348%)
United Arab Emirates$104k (8.83k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Georgia WERE (2021 - 2022):
Bangladesh-$124k (-100%)
Belarus-$101k (-65%)
Peru-$32.6k (-98.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $103k
TOP IMPORT POTENTIALChina+ $3.14M

Iron Fasteners’s highest export potential is United States. With an export gap of $103k.   Iron Fasteners’s highest import potential is China with an import gap of $3.14M.

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