2022
Exports
$150kWorld Rnk 72 / 144
Flag Rnk 547 / 996
2022
PRODUCT COMPLEXITY IN Liquid Fuel Furnaces
1.17Rnk 112 / 1025
2022
Imports
$690kWorld Rnk 119 / 209
Flag Rnk 701 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $150k in Liquid Fuel Furnaces, making it the 72nd largest exporter of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 547th most exported product in Georgia. The main destination of Liquid Fuel Furnaces exports from Georgia are: Armenia ($110k), Belarus ($18k), Turkmenistan ($17.2k), Turkey ($3.19k), and Singapore ($590).

The fastest growing export markets for Liquid Fuel Furnaces of Georgia between 2021 and 2022 were Armenia ($92.8k), Turkmenistan ($17.2k), and Belarus ($3.24k).

Imports In 2022, Georgia imported $690k in Liquid Fuel Furnaces, becoming the 119th largest importer of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 701st most imported product in Georgia. Georgia imports Liquid Fuel Furnaces primarily from: Italy ($305k), Turkey ($113k), China ($51.3k), Iran ($45k), and United States ($43.3k).

The fastest growing import markets in Liquid Fuel Furnaces for Georgia between 2021 and 2022 were Italy ($45k), United States ($40.4k), and India ($28.3k).

Latest Trends

Aug 2024

Subnational Monthly Trade

View
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 Liquid Fuel Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$150k
IMPORTS (2022)$690k
NET TRADE (2022)-$541k

In 2022, Georgia exported $150k in Liquid Fuel Furnaces. The main destinations of Georgia exports on Liquid Fuel Furnaces were Armenia ($110k), Belarus ($18k), Turkmenistan ($17.2k), Turkey ($3.19k), and Singapore ($590).

In 2022, Georgia imported $690k in Liquid Fuel Furnaces, mainly from Italy ($305k), Turkey ($113k), China ($51.3k), Iran ($45k), and United States ($43.3k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Fuel Furnaces EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$92.8k (535%)
Turkmenistan$17.2k (1%)
Belarus$3.24k (21.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Fuel Furnaces BY Georgia WERE (2021 - 2022):
Poland-$4.91k (-100%)
Bulgaria-$94 (-100%)
Czechia-$14 (-31.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Georgia's main exporting competitors in Liquid Fuel Furnaces were:
In 2022, Georgia's main importing competitors in Liquid Fuel Furnaces were:

Explore Visualizations

Trade Value of Liquid Fuel Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $8.47k
TOP IMPORT POTENTIALGermany+ $57.7k

Liquid Fuel Furnaces’s highest export potential is Turkey. With an export gap of $8.47k.   Liquid Fuel Furnaces’s highest import potential is Germany with an import gap of $57.7k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with