2022
Exports
$886MWorld Rnk 37 / 210
Flag Rnk 2 / 996
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$1.67BWorld Rnk 60 / 224
Flag Rnk 1 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $886M in Cars, making it the 37th largest exporter of Cars in the world. At the same year, Cars was the 2nd most exported product in Georgia. The main destination of Cars exports from Georgia are: Azerbaijan ($309M), Armenia ($135M), Ukraine ($115M), Kazakhstan ($100M), and Russia ($75.7M).

The fastest growing export markets for Cars of Georgia between 2021 and 2022 were Armenia ($129M), Kazakhstan ($78.1M), and Azerbaijan ($60.1M).

Imports In 2022, Georgia imported $1.67B in Cars, becoming the 60th largest importer of Cars in the world. At the same year, Cars was the 1st most imported product in Georgia. Georgia imports Cars primarily from: United States ($911M), Japan ($266M), Germany ($185M), Turkey ($57.9M), and South Korea ($28.6M).

The fastest growing import markets in Cars for Georgia between 2021 and 2022 were United States ($384M), Germany ($136M), and Japan ($105M).

Latest Trends

Aug 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 Cars. 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)$886M
IMPORTS (2022)$1.67B
NET TRADE (2022)-$784M

In 2022, Georgia exported $886M in Cars. The main destinations of Georgia exports on Cars were Azerbaijan ($309M), Armenia ($135M), Ukraine ($115M), Kazakhstan ($100M), and Russia ($75.7M).

In 2022, Georgia imported $1.67B in Cars, mainly from United States ($911M), Japan ($266M), Germany ($185M), Turkey ($57.9M), and South Korea ($28.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$129M (2.04k%)
Kazakhstan$78.1M (351%)
Azerbaijan$60.1M (24.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Georgia WERE (2021 - 2022):
Moldova-$3.72M (-54.7%)
Uzbekistan-$1.31M (-34.3%)
Japan-$1.21M (-74.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.83M
TOP IMPORT POTENTIALGermany+ $73.1M

Cars’s highest export potential is Germany. With an export gap of $1.83M.   Cars’s highest import potential is Germany with an import gap of $73.1M.

See methodology.

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