2022
Exports
$945kWorld Rnk 70 / 133
Flag Rnk 304 / 996
2022
PRODUCT COMPLEXITY IN Wheat
-0.42Rnk 677 / 1025
2022
Imports
$65.3MWorld Rnk 103 / 194
Flag Rnk 36 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $945k in Wheat, making it the 70th largest exporter of Wheat in the world. At the same year, Wheat was the 304th most exported product in Georgia. The main destination of Wheat exports from Georgia are: Armenia ($930k), Turkey ($15.1k), and Austria ($19).

The fastest growing export markets for Wheat of Georgia between 2021 and 2022 were Armenia ($560k).

Imports In 2022, Georgia imported $65.3M in Wheat, becoming the 103rd largest importer of Wheat in the world. At the same year, Wheat was the 36th most imported product in Georgia. Georgia imports Wheat primarily from: Russia ($61.8M), Ukraine ($1.58M), Kazakhstan ($1.08M), Armenia ($715k), and Austria ($74.6k).

The fastest growing import markets in Wheat for Georgia between 2021 and 2022 were Russia ($4.25M), Ukraine ($1.57M), and Kazakhstan ($539k).

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 Wheat. 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)$945k
IMPORTS (2022)$65.3M
NET TRADE (2022)-$64.4M

In 2022, Georgia exported $945k in Wheat. The main destinations of Georgia exports on Wheat were Armenia ($930k), Turkey ($15.1k), and Austria ($19).

In 2022, Georgia imported $65.3M in Wheat, mainly from Russia ($61.8M), Ukraine ($1.58M), Kazakhstan ($1.08M), Armenia ($715k), and Austria ($74.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Georgia WERE (2021 - 2022):Armenia$560k (151%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Georgia WERE (2021 - 2022):
Ukraine-$10.8k (-100%)
Turkey-$1.73k (-10.3%)
Austria-$35 (-64.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Wheat were:
In 2022, Georgia's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $81.5k
TOP IMPORT POTENTIALKazakhstan+ $225k

Wheat’s highest export potential is Turkey. With an export gap of $81.5k.   Wheat’s highest import potential is Kazakhstan with an import gap of $225k.

See methodology.

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