2022
Exports
$30.4MWorld Rnk 40 / 185
Flag Rnk 30 / 996
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles
0.88Rnk 219 / 1025
2022
Imports
$108MWorld Rnk 74 / 222
Flag Rnk 15 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $30.4M in Large Construction Vehicles, making it the 40th largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 30th most exported product in Georgia. The main destination of Large Construction Vehicles exports from Georgia are: Armenia ($21.4M), Azerbaijan ($5.89M), Uzbekistan ($1.24M), Turkey ($729k), and Serbia ($408k).

The fastest growing export markets for Large Construction Vehicles of Georgia between 2021 and 2022 were Armenia ($12.1M), Azerbaijan ($4.11M), and Uzbekistan ($1.24M).

Imports In 2022, Georgia imported $108M in Large Construction Vehicles, becoming the 74th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 15th most imported product in Georgia. Georgia imports Large Construction Vehicles primarily from: Turkey ($23.2M), South Korea ($16.6M), United Kingdom ($16.4M), China ($13.6M), and Malta ($10.2M).

The fastest growing import markets in Large Construction Vehicles for Georgia between 2021 and 2022 were Turkey ($12.3M), United Kingdom ($7.96M), and South Korea ($7.4M).

Latest Trends

Sep 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 Large Construction Vehicles. 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)$30.4M
IMPORTS (2022)$108M
NET TRADE (2022)-$78M

In 2022, Georgia exported $30.4M in Large Construction Vehicles. The main destinations of Georgia exports on Large Construction Vehicles were Armenia ($21.4M), Azerbaijan ($5.89M), Uzbekistan ($1.24M), Turkey ($729k), and Serbia ($408k).

In 2022, Georgia imported $108M in Large Construction Vehicles, mainly from Turkey ($23.2M), South Korea ($16.6M), United Kingdom ($16.4M), China ($13.6M), and Malta ($10.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$12.1M (131%)
Azerbaijan$4.11M (231%)
Uzbekistan$1.24M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Georgia WERE (2021 - 2022):
Australia-$3.37M (-100%)
Netherlands-$255k (-100%)
Kazakhstan-$247k (-47.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Large Construction Vehicles were:
In 2022, Georgia's main importing competitors in Large Construction Vehicles were:

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $14.8k
TOP IMPORT POTENTIALChina+ $7.5M

Large Construction Vehicles’s highest export potential is United Arab Emirates. With an export gap of $14.8k.   Large Construction Vehicles’s highest import potential is China with an import gap of $7.5M.

See methodology.

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