2022
Exports
$2.1kWorld Rnk 100 / 126
Flag Rnk 900 / 996
2022
PRODUCT COMPLEXITY IN Stainless Steel Wire
1.38Rnk 74 / 1025
2022
Imports
$781kWorld Rnk 84 / 202
Flag Rnk 677 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $2.1k in Stainless Steel Wire, making it the 100th largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 900th most exported product in Georgia. The main destination of Stainless Steel Wire exports from Georgia are: Armenia ($2k) and Russia ($94).

The fastest growing export markets for Stainless Steel Wire of Georgia between 2021 and 2022 were Armenia ($2k).

Imports In 2022, Georgia imported $781k in Stainless Steel Wire, becoming the 84th largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 677th most imported product in Georgia. Georgia imports Stainless Steel Wire primarily from: France ($377k), Bulgaria ($357k), Turkey ($24.1k), Russia ($9.57k), and Belarus ($2.63k).

The fastest growing import markets in Stainless Steel Wire for Georgia between 2021 and 2022 were France ($165k), Bulgaria ($152k), and Turkey ($19k).

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 Stainless Steel Wire. 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)$2.1k
IMPORTS (2022)$781k
NET TRADE (2022)-$779k

In 2022, Georgia exported $2.1k in Stainless Steel Wire. The main destinations of Georgia exports on Stainless Steel Wire were Armenia ($2k) and Russia ($94).

In 2022, Georgia imported $781k in Stainless Steel Wire, mainly from France ($377k), Bulgaria ($357k), Turkey ($24.1k), Russia ($9.57k), and Belarus ($2.63k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Wire EXPORT MARKETS FOR Georgia WERE (2021 - 2022):Armenia$2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Georgia WERE (2021 - 2022):
Italy-$8.77k (-100%)
France-$520 (-100%)
Russia-$515 (-84.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Stainless Steel Wire were:
In 2022, Georgia's main importing competitors in Stainless Steel Wire were:

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Trade Value of Stainless Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $391
TOP IMPORT POTENTIALTurkey+ $7.91k

Stainless Steel Wire’s highest export potential is United States. With an export gap of $391.   Stainless Steel Wire’s highest import potential is Turkey with an import gap of $7.91k.

See methodology.

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