Packaged Medicaments in Georgia

EXPORTS (2018): $146M, World Rnk 61 / 190
Flag Rnk 6 / 866

TOP DESTINATION (2018): $51.1M, Uzbekistan

FASTEST GROWING MARKET (2017 - 2018): $10M, Azerbaijan

IMPORTS (2018): $334M, World Rnk 80 / 217
Flag Rnk 3 / 1112

TOP ORIGIN (2018): $42.2M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $18.2M, France

ECONOMIC COMPLEXITY of Georgia (2018): 0.037, Rnk 63 / 137

PRODUCT COMPLEXITY  IN Packaged Medicaments (2018): 0.74, Rnk 270 / 1018

Overview: This page contains the latest trade data of Packaged Medicaments in Georgia.

Exports: In 2018, Georgia exported $146M in Packaged Medicaments, making it the 61st largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 6th most exported product in Georgia. The main destination of Packaged Medicaments exports from Georgia are: Uzbekistan ($51.1M), Azerbaijan ($32.3M), Kyrgyzstan ($12.1M), Russia ($10.3M), and Belarus ($6.86M).

The fastest growing export markets for Packaged Medicaments of Georgia between 2017 and 2018 were Azerbaijan ($10M), Kyrgyzstan ($8.67M), and Armenia ($3.72M).

Imports: In 2018, Georgia imported $334M in Packaged Medicaments, becoming the 80th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most imported product in Georgia. Georgia imports Packaged Medicaments primarily from: Germany ($42.2M), France ($41.6M), Turkey ($38.8M), Hungary ($31.9M), and Switzerland ($19.1M).

The fastest growing import markets in Packaged Medicaments for Georgia between 2017 and 2018 were France ($18.2M), Switzerland ($10.3M), and United Kingdom ($6.39M).

Value

EXPORTS (2018): $146M

IMPORTS (2018): $334M

NET TRADE (2018): -$188M

In 2018, Georgia exported $146M in Packaged Medicaments. The main destinations of Georgia exports on Packaged Medicaments were Uzbekistan ($51.1M), Azerbaijan ($32.3M), Kyrgyzstan ($12.1M), Russia ($10.3M), and Belarus ($6.86M).

In 2018, Georgia imported $334M in Packaged Medicaments, mainly from Germany ($42.2M), France ($41.6M), Turkey ($38.8M), Hungary ($31.9M), and Switzerland ($19.1M).

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IN 2018, Georgia HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

  • Uzbekistan, $50.1M ($51.1M - $970k)
  • Azerbaijan, $31.8M ($32.3M - $563k)
  • Kyrgyzstan, $12.1M ($12.1M - $23.3k)

IN 2018, Georgia HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

  • Germany, -$42.1M ($114k - $42.2M)
  • France, -$41.6M ($37.1k - $41.6M)
  • Turkey, -$38.2M ($562k - $38.8M)
Flow

THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Georgia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Georgia WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Georgia's main exporting competitors in Packaged Medicaments were:

In 2018, Georgia's main importing competitors in Packaged Medicaments were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Packaged Medicaments in Georgia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2016, the tariffs for Packaged Medicaments in the imports of Georgia were of 0% around the world.

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