2022
Exports
$728MWorld Rnk 21 / 151
Flag Rnk 3 / 996
2022
PRODUCT COMPLEXITY IN Nitrogenous Fertilizers
-1.29Rnk 905 / 1025
2022
Imports
$14.8MWorld Rnk 121 / 211
Flag Rnk 185 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $728M in Nitrogenous Fertilizers, making it the 21st largest exporter of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 3rd most exported product in Georgia. The main destination of Nitrogenous Fertilizers exports from Georgia are: India ($257M), Romania ($159M), Peru ($157M), Bulgaria ($61.7M), and Ghana ($20.9M).

The fastest growing export markets for Nitrogenous Fertilizers of Georgia between 2021 and 2022 were India ($257M), Peru ($157M), and Romania ($107M).

Imports In 2022, Georgia imported $14.8M in Nitrogenous Fertilizers, becoming the 121st largest importer of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 185th most imported product in Georgia. Georgia imports Nitrogenous Fertilizers primarily from: Azerbaijan ($5.99M), Turkey ($2.41M), Russia ($2.07M), Kazakhstan ($1.38M), and Turkmenistan ($725k).

The fastest growing import markets in Nitrogenous Fertilizers for Georgia between 2021 and 2022 were Azerbaijan ($5.5M), Turkey ($1.75M), and Kazakhstan ($1.37M).

Latest Trends

Aug 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 Nitrogenous Fertilizers. 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)$728M
IMPORTS (2022)$14.8M
NET TRADE (2022)$713M

In 2022, Georgia exported $728M in Nitrogenous Fertilizers. The main destinations of Georgia exports on Nitrogenous Fertilizers were India ($257M), Romania ($159M), Peru ($157M), Bulgaria ($61.7M), and Ghana ($20.9M).

In 2022, Georgia imported $14.8M in Nitrogenous Fertilizers, mainly from Azerbaijan ($5.99M), Turkey ($2.41M), Russia ($2.07M), Kazakhstan ($1.38M), and Turkmenistan ($725k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrogenous Fertilizers EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
India$257M (1%)
Peru$157M (1%)
Romania$107M (206%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogenous Fertilizers BY Georgia WERE (2021 - 2022):
Ukraine-$24.1M (-64.1%)
Tunisia-$15.1M (-100%)
Brazil-$5.27M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Nitrogenous Fertilizers were:
Russia $6.27B
China $5.59B
Oman $4.14B
In 2022, Georgia's main importing competitors in Nitrogenous Fertilizers were:

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Trade Value of Nitrogenous Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $3.7M
TOP IMPORT POTENTIALTurkey+ $674k

Nitrogenous Fertilizers’s highest export potential is Italy. With an export gap of $3.7M.   Nitrogenous Fertilizers’s highest import potential is Turkey with an import gap of $674k.

See methodology.

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