2022
Exports | Imports
$7.66k | $3.03MWorld Rnk 115 / 158
Flag Rnk 821 / 996
World Rnk 104 / 213
Flag Rnk 444 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.027Rnk 62 / 124
2022
PRODUCT COMPLEXITY IN Industrial Furnaces
0.92Rnk 195 / 1025

About

Exports In 2022, Georgia exported $7.66k in Industrial Furnaces, making it the 115th largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 821st most exported product in Georgia. The main destination of Industrial Furnaces exports from Georgia are: Armenia ($4.3k), Greece ($1.73k), United Arab Emirates ($1.58k), and Kazakhstan ($51).

The fastest growing export markets for Industrial Furnaces of Georgia between 2021 and 2022 were Greece ($1.73k), United Arab Emirates ($1.58k), and Kazakhstan ($51).

Imports In 2022, Georgia imported $3.03M in Industrial Furnaces, becoming the 104th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 444th most imported product in Georgia. Georgia imports Industrial Furnaces primarily from: Turkey ($922k), China ($564k), Italy ($449k), Germany ($377k), and France ($240k).

The fastest growing import markets in Industrial Furnaces for Georgia between 2021 and 2022 were China ($424k), Italy ($309k), and Germany ($295k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Industrial Furnaces from Georgia to the United States.

Latest Trends

Jan 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 Industrial Furnaces. 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)$7.66k
IMPORTS (2022)$3.03M
NET TRADE (2022)-$3.02M

In 2022, Georgia exported $7.66k in Industrial Furnaces. The main destinations of Georgia exports on Industrial Furnaces were Armenia ($4.3k), Greece ($1.73k), United Arab Emirates ($1.58k), and Kazakhstan ($51).

In 2022, Georgia imported $3.03M in Industrial Furnaces, mainly from Turkey ($922k), China ($564k), Italy ($449k), Germany ($377k), and France ($240k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Greece$1.73k (1%)
Kazakhstan$51 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Furnaces BY Georgia WERE (2021 - 2022):Armenia-$134k (-96.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Industrial Furnaces were:
China $1.77B
Italy $645M
In 2022, Georgia's main importing competitors in Industrial Furnaces were:

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Trade Value of Industrial Furnaces by Exporters

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