2022
Exports
$468kWorld Rnk 98 / 168
Flag Rnk 402 / 996
2022
PRODUCT COMPLEXITY IN Prefabricated Buildings
0.1Rnk 522 / 1025
2022
Imports
$7.3MWorld Rnk 124 / 221
Flag Rnk 281 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $468k in Prefabricated Buildings, making it the 98th largest exporter of Prefabricated Buildings in the world. At the same year, Prefabricated Buildings was the 402nd most exported product in Georgia. The main destination of Prefabricated Buildings exports from Georgia are: Armenia ($312k), United Arab Emirates ($108k), Turkey ($37.3k), Azerbaijan ($10k), and Norway ($403).

The fastest growing export markets for Prefabricated Buildings of Georgia between 2021 and 2022 were Armenia ($149k), United Arab Emirates ($108k), and Norway ($403).

Imports In 2022, Georgia imported $7.3M in Prefabricated Buildings, becoming the 124th largest importer of Prefabricated Buildings in the world. At the same year, Prefabricated Buildings was the 281st most imported product in Georgia. Georgia imports Prefabricated Buildings primarily from: Turkey ($2.35M), China ($1.67M), United Arab Emirates ($1.59M), Russia ($405k), and Belarus ($318k).

The fastest growing import markets in Prefabricated Buildings for Georgia between 2021 and 2022 were United Arab Emirates ($993k), China ($658k), and Belarus ($282k).

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 Prefabricated Buildings. 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)$468k
IMPORTS (2022)$7.3M
NET TRADE (2022)-$6.83M

In 2022, Georgia exported $468k in Prefabricated Buildings. The main destinations of Georgia exports on Prefabricated Buildings were Armenia ($312k), United Arab Emirates ($108k), Turkey ($37.3k), Azerbaijan ($10k), and Norway ($403).

In 2022, Georgia imported $7.3M in Prefabricated Buildings, mainly from Turkey ($2.35M), China ($1.67M), United Arab Emirates ($1.59M), Russia ($405k), and Belarus ($318k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prefabricated Buildings EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$149k (91.4%)
Norway$403 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prefabricated Buildings BY Georgia WERE (2021 - 2022):
Ukraine-$73.3k (-99.8%)
Azerbaijan-$40.1k (-80%)
Saudi Arabia-$40k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Prefabricated Buildings were:
In 2022, Georgia's main importing competitors in Prefabricated Buildings were:

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Trade Value of Prefabricated Buildings by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $23k
TOP IMPORT POTENTIALChina+ $743k

Prefabricated Buildings’s highest export potential is Turkey. With an export gap of $23k.   Prefabricated Buildings’s highest import potential is China with an import gap of $743k.

See methodology.

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