2023
Exports
$2.24MWorld Rnk 50 / 138
Flag Rnk 187 / 991
2023
PRODUCT COMPLEXITY IN Enzymes
1.08Rnk 151 / 1025
2023
Imports
$4.07MWorld Rnk 95 / 203
Flag Rnk 403 / 1155
2023
ECONOMIC COMPLEXITY of Georgia
0.13Rnk 55 / 132

About

Exports In 2023, Georgia exported $2.24M in Enzymes, making it the 50th largest exporter of Enzymes in the world. At the same year, Enzymes was the 187th most exported product in Georgia. The main destination of Enzymes exports from Georgia are: Turkey ($1.91M), Azerbaijan ($139k), Austria ($64.2k), Armenia ($47k), and Spain ($42.6k).

The fastest growing export markets for Enzymes of Georgia between 2022 and 2023 were Turkey ($1.91M), Azerbaijan ($70.8k), and Austria ($63.7k).

Imports In 2023, Georgia imported $4.07M in Enzymes, becoming the 95th largest importer of Enzymes in the world. At the same year, Enzymes was the 403rd most imported product in Georgia. Georgia imports Enzymes primarily from: Denmark ($1.91M), Turkey ($1.17M), France ($300k), Germany ($244k), and China ($123k).

The fastest growing import markets in Enzymes for Georgia between 2022 and 2023 were Denmark ($1.83M), France ($94.3k), and Italy ($38.1k).

Latest Trends

Jan 2025

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 Enzymes. 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)$2.24M
IMPORTS (2023)$4.07M
NET TRADE (2023)-$1.83M

In 2023, Georgia exported $2.24M in Enzymes. The main destinations of Georgia exports on Enzymes were Turkey ($1.91M), Azerbaijan ($139k), Austria ($64.2k), Armenia ($47k), and Spain ($42.6k).

In 2023, Georgia imported $4.07M in Enzymes, mainly from Denmark ($1.91M), Turkey ($1.17M), France ($300k), Germany ($244k), and China ($123k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Enzymes EXPORT MARKETS FOR Georgia WERE (2022 - 2023):
Turkey$1.91M (1%)
Azerbaijan$70.8k (103%)
Austria$63.7k (13.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Enzymes BY Georgia WERE (2022 - 2023):
Israel-$94k (-100%)
Canada-$50.7k (-100%)
United Arab Emirates-$829 (-94.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Georgia's main exporting competitors in Enzymes were:
In 2023, Georgia's main importing competitors in Enzymes were:

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Trade Value of Enzymes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $24.4k
TOP IMPORT POTENTIALChina+ $191k

Enzymes’s highest export potential is Canada. With an export gap of $24.4k.   Enzymes’s highest import potential is China with an import gap of $191k.

See methodology.

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