2022
Exports
$2.73MWorld Rnk 107 / 170
Flag Rnk 179 / 996
2022
PRODUCT COMPLEXITY IN Cement
-1.46Rnk 943 / 1025
2022
Imports
$49MWorld Rnk 71 / 224
Flag Rnk 50 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $2.73M in Cement, making it the 107th largest exporter of Cement in the world. At the same year, Cement was the 179th most exported product in Georgia. The main destination of Cement exports from Georgia are: Armenia ($2.72M), Tanzania ($6.21k), Belarus ($4.67k), Turkey ($777), and Germany ($17).

The fastest growing export markets for Cement of Georgia between 2021 and 2022 were Armenia ($2.72M), Tanzania ($6.21k), and Belarus ($4.67k).

Imports In 2022, Georgia imported $49M in Cement, becoming the 71st largest importer of Cement in the world. At the same year, Cement was the 50th most imported product in Georgia. Georgia imports Cement primarily from: Azerbaijan ($36M), Turkey ($12.9M), Russia ($51.1k), Iran ($33.9k), and Turkmenistan ($9.2k).

The fastest growing import markets in Cement for Georgia between 2021 and 2022 were Azerbaijan ($10.9M), Turkey ($1.08M), and Iran ($33.9k).

Latest Trends

Sep 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 (2022)$2.73M
IMPORTS (2022)$49M
NET TRADE (2022)-$46.3M

In 2022, Georgia exported $2.73M in Cement. The main destinations of Georgia exports on Cement were Armenia ($2.72M), Tanzania ($6.21k), Belarus ($4.67k), Turkey ($777), and Germany ($17).

In 2022, Georgia imported $49M in Cement, mainly from Azerbaijan ($36M), Turkey ($12.9M), Russia ($51.1k), Iran ($33.9k), and Turkmenistan ($9.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$2.72M (1%)
Tanzania$6.21k (1%)
Belarus$4.67k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Georgia WERE (2021 - 2022):Germany-$413 (-96%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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