2022
Exports
$432kWorld Rnk 88 / 144
Flag Rnk 414 / 996
2022
PRODUCT COMPLEXITY IN Silver
-0.98Rnk 832 / 1025
2022
Imports
$83.7kWorld Rnk 110 / 182
Flag Rnk 958 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $432k in Silver, making it the 88th largest exporter of Silver in the world. At the same year, Silver was the 414th most exported product in Georgia. The main destination of Silver exports from Georgia are: United States ($372k), Turkey ($44k), and Armenia ($16.2k).

The fastest growing export markets for Silver of Georgia between 2021 and 2022 were United States ($372k) and Armenia ($15.6k).

Imports In 2022, Georgia imported $83.7k in Silver, becoming the 110th largest importer of Silver in the world. At the same year, Silver was the 958th most imported product in Georgia. Georgia imports Silver primarily from: Turkey ($67.2k), Italy ($6.63k), Switzerland ($4.5k), Ukraine ($4k), and Netherlands ($1.06k).

The fastest growing import markets in Silver for Georgia between 2021 and 2022 were Turkey ($8.4k), Switzerland ($4.49k), and Italy ($3.56k).

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 Silver. 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)$432k
IMPORTS (2022)$83.7k
NET TRADE (2022)$348k

In 2022, Georgia exported $432k in Silver. The main destinations of Georgia exports on Silver were United States ($372k), Turkey ($44k), and Armenia ($16.2k).

In 2022, Georgia imported $83.7k in Silver, mainly from Turkey ($67.2k), Italy ($6.63k), Switzerland ($4.5k), Ukraine ($4k), and Netherlands ($1.06k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
United States$372k (1%)
Armenia$15.6k (2.55k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Georgia WERE (2021 - 2022):Turkey-$317k (-87.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Silver were:
In 2022, Georgia's main importing competitors in Silver were:

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $459k
TOP IMPORT POTENTIALTurkey+ $59.6k

Silver’s highest export potential is Turkey. With an export gap of $459k.   Silver’s highest import potential is Turkey with an import gap of $59.6k.

See methodology.

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