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2022
Exports $172kWorld Rnk 80 / 128
Flag Rnk 528 / 996
2022
Destination $77.9k Armenia
2021 - 2022
FASTEST GROWING MARKET $77.9kArmenia
2022
PRODUCT COMPLEXITY IN Large Flat-Rolled Stainless Steel1.05Rnk 151 / 1025
2022
Imports $4.51MWorld Rnk 109 / 208
Flag Rnk 372 / 1152
2022
Origin $72.7k Turkey
2021 - 2022
FASTEST GROWING ORIGIN $72.7kLithuania
2022
ECONOMIC COMPLEXITY of Georgia0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $172k in Large Flat-Rolled Stainless Steel, making it the 80th largest exporter of Large Flat-Rolled Stainless Steel in the world. At the same year, Large Flat-Rolled Stainless Steel was the 528th most exported product in Georgia. The main destination of Large Flat-Rolled Stainless Steel exports from Georgia are: Armenia ($89.7k), Spain ($75.3k), and Australia ($7.53k).

The fastest growing export markets for Large Flat-Rolled Stainless Steel of Georgia between 2021 and 2022 were Armenia ($77.9k), Spain ($75.3k), and Australia ($3.31k).

Imports In 2022, Georgia imported $4.51M in Large Flat-Rolled Stainless Steel, becoming the 109th largest importer of Large Flat-Rolled Stainless Steel in the world. At the same year, Large Flat-Rolled Stainless Steel was the 372nd most imported product in Georgia. Georgia imports Large Flat-Rolled Stainless Steel primarily from: Turkey ($2.84M), Italy ($729k), China ($661k), Lithuania ($72.7k), and Ukraine ($61.4k).

The fastest growing import markets in Large Flat-Rolled Stainless Steel for Georgia between 2021 and 2022 were Lithuania ($72.7k), Netherlands ($56.2k), and Ukraine ($20.5k).

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 Large Flat-Rolled Stainless Steel. 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)$172k
IMPORTS (2022)$4.51M
NET TRADE (2022)-$4.34M

In 2022, Georgia exported $172k in Large Flat-Rolled Stainless Steel. The main destinations of Georgia exports on Large Flat-Rolled Stainless Steel were Armenia ($89.7k), Spain ($75.3k), and Australia ($7.53k).

In 2022, Georgia imported $4.51M in Large Flat-Rolled Stainless Steel, mainly from Turkey ($2.84M), Italy ($729k), China ($661k), Lithuania ($72.7k), and Ukraine ($61.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Flat-Rolled Stainless Steel EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$77.9k (660%)
Spain$75.3k (1%)
Australia$3.31k (78.2%)
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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 Large Flat-Rolled Stainless Steel were:
China $8.91B
Indonesia $7.43B
Belgium $3.9B
In 2022, Georgia's main importing competitors in Large Flat-Rolled Stainless Steel were:
Germany $4.95B
Italy $4.45B
China $3.42B

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Trade Value of Large Flat-Rolled Stainless Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $40.6k
TOP IMPORT POTENTIALChina+ $1.39M

Large Flat-Rolled Stainless Steel’s highest export potential is Spain. With an export gap of $40.6k.   Large Flat-Rolled Stainless Steel’s highest import potential is China with an import gap of $1.39M.

See methodology.

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