2022
Exports
$1.23kWorld Rnk 110 / 159
Flag Rnk 929 / 996
2022
PRODUCT COMPLEXITY IN Watch Straps
-0.095Rnk 579 / 1025
2022
Imports
$229kWorld Rnk 99 / 197
Flag Rnk 856 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $1.23k in Watch Straps, making it the 110th largest exporter of Watch Straps in the world. At the same year, Watch Straps was the 929th most exported product in Georgia. The main destination of Watch Straps exports from Georgia are: Switzerland ($780), Armenia ($258), Belarus ($129), and Czechia ($67).

The fastest growing export markets for Watch Straps of Georgia between 2021 and 2022 were Switzerland ($780), Armenia ($240), and Czechia ($67).

Imports In 2022, Georgia imported $229k in Watch Straps, becoming the 99th largest importer of Watch Straps in the world. At the same year, Watch Straps was the 856th most imported product in Georgia. Georgia imports Watch Straps primarily from: Czechia ($97.3k), China ($45k), United Arab Emirates ($25.1k), Hong Kong ($15k), and Switzerland ($11k).

The fastest growing import markets in Watch Straps for Georgia between 2021 and 2022 were Czechia ($87.7k), China ($6.91k), and Lithuania ($6.6k).

Latest Trends

Jul 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 Watch Straps. 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)$1.23k
IMPORTS (2022)$229k
NET TRADE (2022)-$228k

In 2022, Georgia exported $1.23k in Watch Straps. The main destinations of Georgia exports on Watch Straps were Switzerland ($780), Armenia ($258), Belarus ($129), and Czechia ($67).

In 2022, Georgia imported $229k in Watch Straps, mainly from Czechia ($97.3k), China ($45k), United Arab Emirates ($25.1k), Hong Kong ($15k), and Switzerland ($11k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Straps EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Switzerland$780 (1%)
Armenia$240 (1.33k%)
Czechia$67 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Straps BY Georgia WERE (2021 - 2022):
Germany-$4.14k (-100%)
Latvia-$2.4k (-100%)
Belarus-$501 (-79.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Watch Straps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $1.38k
TOP IMPORT POTENTIALChina+ $87.9k

Watch Straps’s highest export potential is Switzerland. With an export gap of $1.38k.   Watch Straps’s highest import potential is China with an import gap of $87.9k.

See methodology.

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