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2021
Exports $387kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Looms0.9Rnk 209 / 1025
2021
Imports $242kWorld Rnk 106 / 159
Flag Rnk 849 / 1152
2022
ECONOMIC COMPLEXITY of Georgia0.036Rnk 64 / 133

About

Imports In 2022, Georgia imported $242k in Looms, becoming the 106th largest importer of Looms in the world. At the same year, Looms was the 849th most imported product in Georgia. Georgia imports Looms primarily from: Austria ($174k), China ($68.2k), and Turkey ($431).

The fastest growing import markets in Looms for Georgia between 2021 and 2022 were Austria ($174k) and China ($63.8k).

Latest Trends

Oct 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 Looms. 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 (2021)$387k
IMPORTS (2022)$242k
NET TRADE (2022)-$242k

In 2022, Georgia imported $242k in Looms, mainly from Austria ($174k), China ($68.2k), and Turkey ($431).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Looms BY Georgia WERE (N/A - 2021):Iran-$387k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Looms were:
Belgium $706M
China $609M
Japan $358M
In 2022, Georgia's main importing competitors in Looms were:
India $694M
Turkey $290M
China $284M

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Trade Value of Looms by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $450
TOP IMPORT POTENTIALChina+ $43.5k

Looms’s highest export potential is India. With an export gap of $450.   Looms’s highest import potential is China with an import gap of $43.5k.

See methodology.

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