2022
Exports
$1.04MWorld Rnk 78 / 215
Flag Rnk 297 / 996
2022
PRODUCT COMPLEXITY IN Iron Pipe Fittings
1.14Rnk 121 / 1025
2022
Imports
$7.01MWorld Rnk 117 / 224
Flag Rnk 289 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $1.04M in Iron Pipe Fittings, making it the 78th largest exporter of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 297th most exported product in Georgia. The main destination of Iron Pipe Fittings exports from Georgia are: Kyrgyzstan ($480k), United Kingdom ($298k), Armenia ($167k), Nepal ($26.6k), and Canada ($7.17k).

The fastest growing export markets for Iron Pipe Fittings of Georgia between 2021 and 2022 were Kyrgyzstan ($480k), United Kingdom ($298k), and Armenia ($137k).

Imports In 2022, Georgia imported $7.01M in Iron Pipe Fittings, becoming the 117th largest importer of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 289th most imported product in Georgia. Georgia imports Iron Pipe Fittings primarily from: Turkey ($2.46M), China ($2.24M), Germany ($446k), Italy ($284k), and India ($277k).

The fastest growing import markets in Iron Pipe Fittings for Georgia between 2021 and 2022 were Turkey ($348k), China ($319k), and Germany ($288k).

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 Iron Pipe Fittings. 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)$1.04M
IMPORTS (2022)$7.01M
NET TRADE (2022)-$5.97M

In 2022, Georgia exported $1.04M in Iron Pipe Fittings. The main destinations of Georgia exports on Iron Pipe Fittings were Kyrgyzstan ($480k), United Kingdom ($298k), Armenia ($167k), Nepal ($26.6k), and Canada ($7.17k).

In 2022, Georgia imported $7.01M in Iron Pipe Fittings, mainly from Turkey ($2.46M), China ($2.24M), Germany ($446k), Italy ($284k), and India ($277k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Pipe Fittings EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Kyrgyzstan$480k (1%)
United Kingdom$298k (1%)
Armenia$137k (448%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipe Fittings BY Georgia WERE (2021 - 2022):
Russia-$45.8k (-100%)
Belarus-$30.8k (-98.1%)
Azerbaijan-$21.6k (-89.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Pipe Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $92.6k
TOP IMPORT POTENTIALChina+ $1.39M

Iron Pipe Fittings’s highest export potential is United Kingdom. With an export gap of $92.6k.   Iron Pipe Fittings’s highest import potential is China with an import gap of $1.39M.

See methodology.

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