2022
Exports
$15.5MWorld Rnk 70 / 216
Flag Rnk 60 / 996
2022
PRODUCT COMPLEXITY IN Beauty Products
0.42Rnk 400 / 1025
2022
Imports
$61.5MWorld Rnk 77 / 223
Flag Rnk 40 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $15.5M in Beauty Products, making it the 70th largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 60th most exported product in Georgia. The main destination of Beauty Products exports from Georgia are: Netherlands ($4.64M), Denmark ($2.52M), Armenia ($1.97M), Hong Kong ($1.69M), and Switzerland ($1.42M).

The fastest growing export markets for Beauty Products of Georgia between 2021 and 2022 were Denmark ($2.22M), Hong Kong ($1.59M), and Armenia ($1.55M).

Imports In 2022, Georgia imported $61.5M in Beauty Products, becoming the 77th largest importer of Beauty Products in the world. At the same year, Beauty Products was the 40th most imported product in Georgia. Georgia imports Beauty Products primarily from: France ($12M), Russia ($6.38M), Belgium ($5.17M), Turkey ($4.72M), and Germany ($4.41M).

The fastest growing import markets in Beauty Products for Georgia between 2021 and 2022 were United States ($3M), Turkey ($2.57M), and France ($1.8M).

Latest Trends

Oct 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 Beauty Products. 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)$15.5M
IMPORTS (2022)$61.5M
NET TRADE (2022)-$45.9M

In 2022, Georgia exported $15.5M in Beauty Products. The main destinations of Georgia exports on Beauty Products were Netherlands ($4.64M), Denmark ($2.52M), Armenia ($1.97M), Hong Kong ($1.69M), and Switzerland ($1.42M).

In 2022, Georgia imported $61.5M in Beauty Products, mainly from France ($12M), Russia ($6.38M), Belgium ($5.17M), Turkey ($4.72M), and Germany ($4.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beauty Products EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Denmark$2.22M (757%)
Hong Kong$1.59M (1.57k%)
Armenia$1.55M (361%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beauty Products BY Georgia WERE (2021 - 2022):
Russia-$683k (-72.5%)
Azerbaijan-$301k (-52.7%)
France-$97.1k (-81.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Beauty Products were:
In 2022, Georgia's main importing competitors in Beauty Products were:

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Trade Value of Beauty Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $574k
TOP IMPORT POTENTIALFrance+ $2.24M

Beauty Products’s highest export potential is United States. With an export gap of $574k.   Beauty Products’s highest import potential is France with an import gap of $2.24M.

See methodology.

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