2022
Exports
$1.03BWorld Rnk 19 / 110
Flag Rnk 1 / 996
2022
PRODUCT COMPLEXITY IN Copper Ore
-1.94Rnk 995 / 1025
2022
Imports
$325MWorld Rnk 18 / 117
Flag Rnk 5 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $1.03B in Copper Ore, making it the 19th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 1st most exported product in Georgia. The main destination of Copper Ore exports from Georgia are: China ($576M), Bulgaria ($412M), Spain ($36.6M), South Korea ($3.86M), and Turkey ($36.2k).

The fastest growing export markets for Copper Ore of Georgia between 2021 and 2022 were Bulgaria ($125M), China ($84.2M), and South Korea ($643k).

Imports In 2022, Georgia imported $325M in Copper Ore, becoming the 18th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 5th most imported product in Georgia. Georgia imports Copper Ore primarily from: Chile ($105M), Indonesia ($78.3M), Serbia ($57M), Brazil ($42.4M), and Montenegro ($17.4M).

The fastest growing import markets in Copper Ore for Georgia between 2021 and 2022 were Montenegro ($17.4M), Serbia ($6.78M), and Luxembourg ($1.85M).

Latest Trends

Jul 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 Copper Ore. 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)$1.03B
IMPORTS (2022)$325M
NET TRADE (2022)$704M

In 2022, Georgia exported $1.03B in Copper Ore. The main destinations of Georgia exports on Copper Ore were China ($576M), Bulgaria ($412M), Spain ($36.6M), South Korea ($3.86M), and Turkey ($36.2k).

In 2022, Georgia imported $325M in Copper Ore, mainly from Chile ($105M), Indonesia ($78.3M), Serbia ($57M), Brazil ($42.4M), and Montenegro ($17.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Bulgaria$125M (43.3%)
China$84.2M (17.1%)
South Korea$643k (20%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Georgia WERE (2021 - 2022):
Spain-$37.1M (-50.3%)
Armenia-$10.5k (-100%)
Azerbaijan-$483 (-49.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Copper Ore were:
Chile $22.8B
Peru $13.5B
In 2022, Georgia's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $50.2M
TOP IMPORT POTENTIALTurkey+ $1.79M

Copper Ore’s highest export potential is China. With an export gap of $50.2M.   Copper Ore’s highest import potential is Turkey with an import gap of $1.79M.

See methodology.

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