2022
Exports
$36.9kWorld Rnk 94 / 163
Flag Rnk 701 / 996
2022
PRODUCT COMPLEXITY IN Labels
-0.16Rnk 599 / 1025
2022
Imports
$1.91MWorld Rnk 72 / 211
Flag Rnk 528 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $36.9k in Labels, making it the 94th largest exporter of Labels in the world. At the same year, Labels was the 701st most exported product in Georgia. The main destination of Labels exports from Georgia are: Armenia ($34.5k), Turkey ($2.03k), Bulgaria ($327), and Tanzania ($6).

The fastest growing export markets for Labels of Georgia between 2021 and 2022 were Armenia ($23.4k), Bulgaria ($327), and Tanzania ($6).

Imports In 2022, Georgia imported $1.91M in Labels, becoming the 72nd largest importer of Labels in the world. At the same year, Labels was the 528th most imported product in Georgia. Georgia imports Labels primarily from: Turkey ($1.74M), Thailand ($47.5k), Italy ($35.9k), Slovenia ($34.8k), and Hong Kong ($31.2k).

The fastest growing import markets in Labels for Georgia between 2021 and 2022 were Thailand ($47.5k), Italy ($33.1k), and Slovenia ($12.5k).

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 Labels. 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)$36.9k
IMPORTS (2022)$1.91M
NET TRADE (2022)-$1.88M

In 2022, Georgia exported $36.9k in Labels. The main destinations of Georgia exports on Labels were Armenia ($34.5k), Turkey ($2.03k), Bulgaria ($327), and Tanzania ($6).

In 2022, Georgia imported $1.91M in Labels, mainly from Turkey ($1.74M), Thailand ($47.5k), Italy ($35.9k), Slovenia ($34.8k), and Hong Kong ($31.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Labels EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$23.4k (210%)
Bulgaria$327 (1%)
Tanzania$6 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Labels BY Georgia WERE (2021 - 2022):
Kazakhstan-$2.85k (-100%)
Turkey-$2.37k (-53.9%)
Poland-$665 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Labels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $2.4k
TOP IMPORT POTENTIALHong Kong+ $29.2k

Labels’s highest export potential is Turkey. With an export gap of $2.4k.   Labels’s highest import potential is Hong Kong with an import gap of $29.2k.

See methodology.

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