2023
Exports
$18.1kWorld Rnk 98 / 168
Flag Rnk 783 / 991
2023
PRODUCT COMPLEXITY IN Knotted Carpets
-1.01Rnk 829 / 1025
2023
Imports
$186kWorld Rnk 115 / 210
Flag Rnk 864 / 1155
2023
ECONOMIC COMPLEXITY of Georgia
0.13Rnk 55 / 132

About

Exports In 2023, Georgia exported $18.1k in Knotted Carpets, making it the 98th largest exporter of Knotted Carpets in the world. At the same year, Knotted Carpets was the 783rd most exported product in Georgia. The main destination of Knotted Carpets exports from Georgia are: United States ($8.85k), Singapore ($7.64k), Italy ($1.29k), and Kazakhstan ($285).

The fastest growing export markets for Knotted Carpets of Georgia between 2022 and 2023 were Singapore ($7.64k), United States ($7.64k), and Italy ($1.29k).

Imports In 2023, Georgia imported $186k in Knotted Carpets, becoming the 115th largest importer of Knotted Carpets in the world. At the same year, Knotted Carpets was the 864th most imported product in Georgia. Georgia imports Knotted Carpets primarily from: Italy ($61.4k), Turkey ($51.5k), Germany ($24.9k), India ($11k), and China ($9.45k).

The fastest growing import markets in Knotted Carpets for Georgia between 2022 and 2023 were Italy ($45.1k), Iran ($4.1k), and China ($4k).

Latest Trends

Dec 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 Knotted Carpets. 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)$18.1k
IMPORTS (2023)$186k
NET TRADE (2023)-$168k

In 2023, Georgia exported $18.1k in Knotted Carpets. The main destinations of Georgia exports on Knotted Carpets were United States ($8.85k), Singapore ($7.64k), Italy ($1.29k), and Kazakhstan ($285).

In 2023, Georgia imported $186k in Knotted Carpets, mainly from Italy ($61.4k), Turkey ($51.5k), Germany ($24.9k), India ($11k), and China ($9.45k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knotted Carpets EXPORT MARKETS FOR Georgia WERE (2022 - 2023):
Singapore$7.64k (1%)
United States$7.64k (631%)
Italy$1.29k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knotted Carpets BY Georgia WERE (2022 - 2023):
Armenia-$46.8k (-100%)
Kazakhstan-$1.87k (-86.8%)
Romania-$348 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Knotted Carpets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $2.63k
TOP IMPORT POTENTIALTurkey+ $23.1k

Knotted Carpets’s highest export potential is United States. With an export gap of $2.63k.   Knotted Carpets’s highest import potential is Turkey with an import gap of $23.1k.

See methodology.

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