2022
Exports
$9.38kWorld Rnk 129 / 161
Flag Rnk 808 / 996
2022
PRODUCT COMPLEXITY IN Other Inorganic Acids
0.33Rnk 431 / 1025
2022
Imports
$1.55MWorld Rnk 105 / 214
Flag Rnk 561 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $9.38k in Other Inorganic Acids, making it the 129th largest exporter of Other Inorganic Acids in the world. At the same year, Other Inorganic Acids was the 808th most exported product in Georgia. The main destination of Other Inorganic Acids exports from Georgia are: Armenia ($9.03k), Netherlands ($341), and Indonesia ($9).

The fastest growing export markets for Other Inorganic Acids of Georgia between 2021 and 2022 were Armenia ($4.33k) and Indonesia ($9).

Imports In 2022, Georgia imported $1.55M in Other Inorganic Acids, becoming the 105th largest importer of Other Inorganic Acids in the world. At the same year, Other Inorganic Acids was the 561st most imported product in Georgia. Georgia imports Other Inorganic Acids primarily from: Turkey ($748k), Armenia ($507k), Germany ($110k), United States ($42.1k), and Netherlands ($31k).

The fastest growing import markets in Other Inorganic Acids for Georgia between 2021 and 2022 were Turkey ($228k), United States ($30.7k), and Netherlands ($25.2k).

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 Other Inorganic Acids. 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)$9.38k
IMPORTS (2022)$1.55M
NET TRADE (2022)-$1.54M

In 2022, Georgia exported $9.38k in Other Inorganic Acids. The main destinations of Georgia exports on Other Inorganic Acids were Armenia ($9.03k), Netherlands ($341), and Indonesia ($9).

In 2022, Georgia imported $1.55M in Other Inorganic Acids, mainly from Turkey ($748k), Armenia ($507k), Germany ($110k), United States ($42.1k), and Netherlands ($31k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Inorganic Acids EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Armenia$4.33k (92.1%)
Indonesia$9 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Inorganic Acids BY Georgia WERE (2021 - 2022):
Netherlands-$5.54k (-94.2%)
Angola-$1.66k (-100%)
Ireland-$87 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Other Inorganic Acids were:
In 2022, Georgia's main importing competitors in Other Inorganic Acids were:

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Trade Value of Other Inorganic Acids by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $772
TOP IMPORT POTENTIALGermany+ $97.4k

Other Inorganic Acids’s highest export potential is Netherlands. With an export gap of $772.   Other Inorganic Acids’s highest import potential is Germany with an import gap of $97.4k.

See methodology.

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