2022
Exports
$599kWorld Rnk 61 / 149
Flag Rnk 366 / 996
2022
PRODUCT COMPLEXITY IN Ground Nuts
-2.21Rnk 1007 / 1025
2022
Imports
$3.31MWorld Rnk 87 / 201
Flag Rnk 420 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $599k in Ground Nuts, making it the 61st largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 366th most exported product in Georgia. The main destination of Ground Nuts exports from Georgia are: Russia ($583k) and Armenia ($16.4k).

The fastest growing export markets for Ground Nuts of Georgia between 2021 and 2022 were Russia ($583k) and Armenia ($16.4k).

Imports In 2022, Georgia imported $3.31M in Ground Nuts, becoming the 87th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 420th most imported product in Georgia. Georgia imports Ground Nuts primarily from: India ($1.33M), Brazil ($1.3M), Turkey ($293k), United Kingdom ($135k), and Argentina ($98.2k).

The fastest growing import markets in Ground Nuts for Georgia between 2021 and 2022 were Brazil ($957k), Turkey ($285k), and United Kingdom ($135k).

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 Ground Nuts. 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)$599k
IMPORTS (2022)$3.31M
NET TRADE (2022)-$2.71M

In 2022, Georgia exported $599k in Ground Nuts. The main destinations of Georgia exports on Ground Nuts were Russia ($583k) and Armenia ($16.4k).

In 2022, Georgia imported $3.31M in Ground Nuts, mainly from India ($1.33M), Brazil ($1.3M), Turkey ($293k), United Kingdom ($135k), and Argentina ($98.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Russia$583k (1%)
Armenia$16.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Georgia WERE (2021 - 2022):
Netherlands-$30.5k (-100%)
Azerbaijan-$2.6k (-100%)
Hungary-$3 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $499
TOP IMPORT POTENTIALIndia+ $372k

Ground Nuts’s highest export potential is China. With an export gap of $499.   Ground Nuts’s highest import potential is India with an import gap of $372k.

See methodology.

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