2022
Exports
$18.9MWorld Rnk 26 / 194
Flag Rnk 49 / 996
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$1.04MWorld Rnk 133 / 223
Flag Rnk 617 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $18.9M in Spices, making it the 26th largest exporter of Spices in the world. At the same year, Spices was the 49th most exported product in Georgia. The main destination of Spices exports from Georgia are: China ($11.6M), Russia ($4.57M), Ukraine ($1.19M), United States ($369k), and Kazakhstan ($209k).

The fastest growing export markets for Spices of Georgia between 2021 and 2022 were China ($8.38M), Russia ($314k), and Turkey ($103k).

Imports In 2022, Georgia imported $1.04M in Spices, becoming the 133rd largest importer of Spices in the world. At the same year, Spices was the 617th most imported product in Georgia. Georgia imports Spices primarily from: Netherlands ($306k), India ($217k), Turkey ($133k), Russia ($89.6k), and China ($77.7k).

The fastest growing import markets in Spices for Georgia between 2021 and 2022 were Russia ($79.8k), Egypt ($27.3k), and Bulgaria ($13.6k).

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 Spices. 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)$18.9M
IMPORTS (2022)$1.04M
NET TRADE (2022)$17.9M

In 2022, Georgia exported $18.9M in Spices. The main destinations of Georgia exports on Spices were China ($11.6M), Russia ($4.57M), Ukraine ($1.19M), United States ($369k), and Kazakhstan ($209k).

In 2022, Georgia imported $1.04M in Spices, mainly from Netherlands ($306k), India ($217k), Turkey ($133k), Russia ($89.6k), and China ($77.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
China$8.38M (260%)
Russia$314k (7.38%)
Turkey$103k (790%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Georgia WERE (2021 - 2022):
United States-$779k (-67.9%)
Philippines-$139k (-68.4%)
Spain-$103k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $191k
TOP IMPORT POTENTIALIndia+ $171k

Spices’s highest export potential is Turkey. With an export gap of $191k.   Spices’s highest import potential is India with an import gap of $171k.

See methodology.

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