2023
Exports
$1.68MWorld Rnk 106 / 175
Flag Rnk 217 / 991
falsefalse Armenia
2023
PRODUCT COMPLEXITY IN Cement
-1.48Rnk 943 / 1025
2023
Imports
$73.4MWorld Rnk 51 / 224
Flag Rnk 32 / 1155
2023
ECONOMIC COMPLEXITY of Georgia
0.13Rnk 55 / 132

About

Exports In 2023, Georgia exported $1.68M in Cement, making it the 106th largest exporter of Cement in the world. At the same year, Cement was the 217th most exported product in Georgia. The main destination of Cement exports from Georgia are: Armenia ($1.68M).

Imports In 2023, Georgia imported $73.4M in Cement, becoming the 51st largest importer of Cement in the world. At the same year, Cement was the 32nd most imported product in Georgia. Georgia imports Cement primarily from: Azerbaijan ($57.1M), Turkey ($16.2M), Kazakhstan ($75.7k), Turkmenistan ($10.5k), and Greece ($5.58k).

The fastest growing import markets in Cement for Georgia between 2022 and 2023 were Azerbaijan ($16.8M), Turkey ($4.37M), and Kazakhstan ($75.7k).

Latest Trends

Dec 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 Cement. 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 (2023)$1.68M
IMPORTS (2023)$73.4M
NET TRADE (2023)-$71.7M

In 2023, Georgia exported $1.68M in Cement. The main destinations of Georgia exports on Cement were Armenia ($1.68M).

In 2023, Georgia imported $73.4M in Cement, mainly from Azerbaijan ($57.1M), Turkey ($16.2M), Kazakhstan ($75.7k), Turkmenistan ($10.5k), and Greece ($5.58k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Georgia WERE (2022 - 2023):
Armenia-$783k (-31.8%)
Tanzania-$7.66k (-100%)
Belarus-$4.67k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Georgia's main exporting competitors in Cement were:
Turkey $1.65B
Vietnam $1.58B
Egypt $841M
In 2023, Georgia's main importing competitors in Cement were:

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Trade Value of Cement by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTanzania+ $13.6k
TOP IMPORT POTENTIALTurkey+ $2.2M

Cement’s highest export potential is Tanzania. With an export gap of $13.6k.   Cement’s highest import potential is Turkey with an import gap of $2.2M.

See methodology.

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