2022
Exports
$95.3kWorld Rnk 68 / 112
Flag Rnk 594 / 996
2022
PRODUCT COMPLEXITY IN Iron Oxides and Hydroxides
-0.26Rnk 633 / 1025
2022
Imports
$689kWorld Rnk 94 / 188
Flag Rnk 702 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $95.3k in Iron Oxides and Hydroxides, making it the 68th largest exporter of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 594th most exported product in Georgia. The main destination of Iron Oxides and Hydroxides exports from Georgia are: Russia ($79.3k), Armenia ($13.6k), Germany ($2.2k), Hungary ($190), and Netherlands ($38).

The fastest growing export markets for Iron Oxides and Hydroxides of Georgia between 2021 and 2022 were Russia ($79.3k), Armenia ($12.6k), and Germany ($2.2k).

Imports In 2022, Georgia imported $689k in Iron Oxides and Hydroxides, becoming the 94th largest importer of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 702nd most imported product in Georgia. Georgia imports Iron Oxides and Hydroxides primarily from: Czechia ($219k), China ($129k), India ($125k), Russia ($90.8k), and Hong Kong ($37.8k).

The fastest growing import markets in Iron Oxides and Hydroxides for Georgia between 2021 and 2022 were Czechia ($173k), India ($125k), and Russia ($43.5k).

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 Iron Oxides and Hydroxides. 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)$95.3k
IMPORTS (2022)$689k
NET TRADE (2022)-$594k

In 2022, Georgia exported $95.3k in Iron Oxides and Hydroxides. The main destinations of Georgia exports on Iron Oxides and Hydroxides were Russia ($79.3k), Armenia ($13.6k), Germany ($2.2k), Hungary ($190), and Netherlands ($38).

In 2022, Georgia imported $689k in Iron Oxides and Hydroxides, mainly from Czechia ($219k), China ($129k), India ($125k), Russia ($90.8k), and Hong Kong ($37.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Oxides and Hydroxides EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Russia$79.3k (1%)
Armenia$12.6k (1.25k%)
Germany$2.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Oxides and Hydroxides BY Georgia WERE (2021 - 2022):China-$281 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Iron Oxides and Hydroxides were:
In 2022, Georgia's main importing competitors in Iron Oxides and Hydroxides were:

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Trade Value of Iron Oxides and Hydroxides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.86k
TOP IMPORT POTENTIALChina+ $83.2k

Iron Oxides and Hydroxides’s highest export potential is Germany. With an export gap of $1.86k.   Iron Oxides and Hydroxides’s highest import potential is China with an import gap of $83.2k.

See methodology.

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