2022
Exports
$1.61MWorld Rnk 69 / 182
Flag Rnk 240 / 996
2022
PRODUCT COMPLEXITY IN Motorcycles and cycles
0.36Rnk 420 / 1025
2022
Imports
$10.4MWorld Rnk 132 / 221
Flag Rnk 236 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $1.61M in Motorcycles and cycles, making it the 69th largest exporter of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 240th most exported product in Georgia. The main destination of Motorcycles and cycles exports from Georgia are: Russia ($372k), Kazakhstan ($342k), Armenia ($261k), Israel ($169k), and Ukraine ($141k).

The fastest growing export markets for Motorcycles and cycles of Georgia between 2021 and 2022 were Kazakhstan ($289k), Armenia ($247k), and Russia ($215k).

Imports In 2022, Georgia imported $10.4M in Motorcycles and cycles, becoming the 132nd largest importer of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 236th most imported product in Georgia. Georgia imports Motorcycles and cycles primarily from: United States ($2.81M), China ($1.72M), Austria ($1.27M), India ($1.09M), and Germany ($625k).

The fastest growing import markets in Motorcycles and cycles for Georgia between 2021 and 2022 were United States ($625k), Germany ($363k), and Austria ($327k).

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 Motorcycles and cycles. 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)$1.61M
IMPORTS (2022)$10.4M
NET TRADE (2022)-$8.77M

In 2022, Georgia exported $1.61M in Motorcycles and cycles. The main destinations of Georgia exports on Motorcycles and cycles were Russia ($372k), Kazakhstan ($342k), Armenia ($261k), Israel ($169k), and Ukraine ($141k).

In 2022, Georgia imported $10.4M in Motorcycles and cycles, mainly from United States ($2.81M), China ($1.72M), Austria ($1.27M), India ($1.09M), and Germany ($625k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motorcycles and cycles EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Kazakhstan$289k (547%)
Armenia$247k (1.86k%)
Russia$215k (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motorcycles and cycles BY Georgia WERE (2021 - 2022):
Israel-$88k (-34.3%)
Azerbaijan-$25.7k (-16.3%)
Italy-$12.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Motorcycles and cycles were:
China $11.6B
Germany $3.36B
Japan $3.25B
In 2022, Georgia's main importing competitors in Motorcycles and cycles were:

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Trade Value of Motorcycles and cycles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $33.7k
TOP IMPORT POTENTIALChina+ $1.5M

Motorcycles and cycles’s highest export potential is United Kingdom. With an export gap of $33.7k.   Motorcycles and cycles’s highest import potential is China with an import gap of $1.5M.

See methodology.

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